Архiви

            The small-tonnage shipping market is still looking extremely weak and depressed virtually in all freight sections. At the same time, freight rates hold steady in the Black, Azov and Mediterranean Seas as they simply have nowhere to fall.

            The small-tonnage market never ceases to amaze players with negative developments. “When it seemed that the bottom had already been reached, we heard a knock from below,” a local broker laconically commented on the situation in the Azov and Black Seas .

            “Stagnation” is probably the most optimistic term to describe the current small-tonnage market dynamics. In fact the situation is even worsening for ship owners in some regions. The industry events in Rotterdam and Copenhagen put additional pressure on activity, and not only in the Baltic & Continent.