Rental rates remained unchanged in the Baltic countries in November compared with October. The changes in rental rates for box cars with a body capacity of 161-175 cu m were only caused by currency fluctuations.
Ventspils Freeport handled a record volume of cargo in October 2024. The stevedoring companies all together transshipped a total of 879,000 t of goods in October, showing a 73% or 371,000 t increase compared with September 2024.
Trade has expectedly perked up on the Black Sea coaster shipping market upon the return of many traders and brokers from Global Grain, but this has neither led to an increase in fixing activity, nor to higher freight rates.
Gondola car rental rate index, €/day*
Dynamics of average mazut prices, $/tonne
The Black Sea coaster shipping market continues to soften this week as grain offer for spot shipments from Ukraine – being the market driver – has decreased almost to a minimum, which is referred to both the Global Grain event in Geneva held in the middle of the week and still extremely unfavorable conditions…… Read more »
Dynamics of average mazut prices, $/tonne
Gondola car rental rate index, €/day*
Unfavorable conditions seen on the commodity grain market, namely the ongoing decline in CIF quotes amid high domestic prices in Ukraine and EU countries, are putting strong pressure on the small-tonnage freight market of the Black and Mediterranean Seas.
Dynamics of average mazut prices, $/tonne