The start of a new grain season has so far brought only more aggressive ideas from small-tonnage owners who are tired of waiting for rates to rise in the Black and Mediterranean Seas . In fact, however, few charterers are ready to accept higher freight rates.
Dynamics of average mazut prices, $/tonne
The freight wagon rental market remained unchanged in the Baltic countries in June 2025.
The fact that there are just days left before the start of the new grain season has no impact on the small-tonnage shipping market. Perhaps, the rollback of bunker prices is now the only positive factor for the market. Activity is growing very sporadic, if it is at all.
Dynamics of average mazut prices, $/tonne
Gondola car rental rate index, €/day*
The small-tonnage shipping market finally sees timid signs of upcoming improvement. Market participants unanimously report a gradual recovery of grain shipments from Ukraine, Russia and EU ports with late June-early July laycans.
Dynamics of average mazut prices, $/tonne
Gondola car rental rate index, €/day*
Turkey’s Minister of Transport and Infrastructure Abdulkadir Uraloglu has announced another increase in fees for vessels passing non-stop under the Montreux Convention through the Istanbul (Bosporus) and Canakkale (Dardanelles) Straits.