Архiви

            Considering the upcoming Christmas and New Year holidays as well as the absence of any considerable activity growth on the markets of the Black and Mediterranean Seas, ship owners seem to have resigned themselves to the fact that they will not manage to raise freight rates even slightly till the end of the year.

            Despite the fact that the Christmas and New Year holidays are just a couple of weeks away, the excitement from the large-tonnage market has not spilled over to the coaster segment of the Black and Mediterranean Seas. Moreover, the regional cargo traffic has even decreased slightly during the week

            The growth of the large-tonnage market, worsening weather conditions and a slight increase in grain and fertilizer shipments failed to help small-tonnage owners to raise freight rates at least slightly in the Black and Mediterranean Seas. The fact is that the regional vessel list remains excessive.