According to Pavel Lysenko, analyst with ASAP Agri and freight broker with Atria Brokers, in late October, freight rates for grain shipments from Ukraine look steady across all routes and vessel sizes. It has become harder for coaster owners to achieve higher freight levels this week, as the availability of tonnage in the region has increased for late Oct-early Nov dates, and the rate growth seen last week has already faded. As for the larger segments, Handysize rates also remain stable. The market seems to have reached an equilibrium, with both limited tonnage supply and moderate cargo activity from Black Sea ports. Panamax rates likewise hold steady. 

Thus, as per Atria Brokers’ freight department, Panamax freight for corn shipments from Ukrainian deep-water ports to South China remains at 46–47 USD/MT. 

In the Handysize segment, freight for a 30,000t corn shipment to East Coast Italy remain at 24–25 USD/MT. 

In the Coaster segment, freight for a 6,000t corn shipment from Ukrainian Danube ports to East Coast Italy also holds steady at 36–38 USD/MT (up 1 USD/MT w-o-w).

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