Transportation by Panamax From the Ports of Odesa Is Becoming More Expensive

Freight rates for the transportation of grain by “coasters” from the Danube ports and “panamax” from the deep-sea ports strengthened this week

This is reported by the Ukrainian Grain Association with reference to analysts from Atria Brokers.

As of March 21, the freight for the transportation of corn by “Panamax” from deep-sea ports to China increased by $2/t per week to $62-64/t.

The rates for the transportation of 6,000 tons of corn by “coaster” from the ports of Reni and Izmail in the direction of Marmara and Spain increased by $1/t — to $27-28/t and $45-46/t. Freight to the east coast of Italy increased by $2/t per week — to $40-42/t. While delivery to the Eastern Mediterranean remained unchanged at the level of $35-37/t.

Freight rates for the transportation of corn by “handy” from deep-sea ports in key directions remained unchanged. Delivery to the Mediterranean coast:

• Egypt – $30-32/t
• Italy – $32-33/t
• Spain – $34-35/t
• Tunisia — $36-38/t.

The freight for transporting corn by barge to Constanta decreased by €1-2 per week — to €11/t.

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