Rental rates for freight wagons have held steady in the Baltic countries in May compared with April. Rental rates for box cars with a body capacity of 161-175 cu m and fitting platforms have changed slightly only due to currency fluctuations.
No light in the end of the tunnel can be seen for small-tonnage shipping market – unless we consider the upcoming start of a new grain season in July as such.
Gondola car rental rate index, €/day*
Dynamics of average mazut prices, $/tonne
The small-tonnage shipping market is still seeing no light at the end of the tunnel. Particularly this applies to the Black Sea and Mediterranean markets. Ship owners increasingly discuss laying off their vessels, but the vast majority of them decide to be patient, expecting market conditions to improve in 1.5-2 months with the start…… Read more »
Dynamics of average mazut prices, $/tonne
Activity remains extremely low on the small-tonnage shipping market of the Black and Mediterranean Seas. The situation has not improved even after the end of May holidays and Easter and the return of most players to the market.
Dynamics of average mazut prices, $/tonne
Gondola car rental rate index, €/day*
Amid the Labor Day in a number of countries of the region, as well as the approaching Orthodox Easter, the small-tonnage market activity has decreased to a minimum both in North and South Europe.