According to Pavel Lysenko, analyst with ASAP Agri and freight broker with Atria Brokers, the situation on the Black Sea freight market has not changed significantly after the Easter holidays. Owners continue to face a lack of firm fresh cargo inquiries, but still strongly resist any further rate cuts and manage to keep levels stable across all DWT segments.

Thus, according to Atria Brokers’ freight department, freight for a Panamax lot of corn from Ukrainian deep-water ports to South China remains at 34–35 USD/MT. 

In the Handysize segment, freight for a 30,000t corn shipment to East Coast Italy holds at 16–17 USD/MT.

In the Coaster sector, freight for a 6,000t corn shipment from Ukrainian Danube ports to East Coast Italy is quoted by Atria Brokers at 28–30 USD/MT. 

Barge freight for 1,000–3,000t of corn from Izmail or Reni to Constanta remains within 8–9 EUR/MT.

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