Despite the start of traditionally active November, the situation is only getting worse for small-tonnage owners working in the Black and Mediterranean Seas (this lasts for the third week in a row). The cargo traffic from the ports of EU countries, Turkey and North Africa not only does not grow, but has even slowed…… Read more »
Dynamics of average mazut prices, $/tonne
LDZ Cargo has announced that it is now leasing 29 19-752 grain hoppers currently located in Ukraine.
Gondola car rental rate index, €/day*
Dynamics of average mazut prices, $/tonne
Despite the fact that the period of late October-early November is traditionally the start of the hottest season on the small-tonnage shipping market, no improvements for ship owners can be mentioned so far.
In October, almost all rental rates in the Baltic countries have stayed at the level of September, with flatcars for timber transportation being the only exception (rental rates inched up in this segment). The changes in flatcar rental rates can still be explained by fluctuations of the currency exchange rate.
Gondola car rental rate index, €/day*
LDZ Cargo has announced the possibility of renting 238 wagons of various types until December 31, 2026 at the lowest possible rate of €6.5 per day (excluding VAT, subject to scheduled repairs at the expense of the lessee). The minimum step to raise the rate is €0.5 per day.
The negative sentiment that has been dominating the small-tonnage market of the Black and Mediterranean Seas in the last few weeks has only strengthened. This is primarily caused by a noticeable decline in cargo traffic from the Danube ports as a result of reorientation of many exporters to shipments from deep-water ports