Dear readers! The tenth issue of LOGISTICS journal opens with a large article dedicated to the results of the BRICS Business Forum, held on October 18, 2024 in Moscow. Yulia Kislova, Director of Agency Market Guide LLC and publisher of LOGISTICS journal, attended the event and prepared an article where she paid special attention to international trade and logistical connectivity of the countries of the association. The details are in the room.
Dear readers! We present to your attention the ninth issue of the Logistics magazine, in which we have collected and combined relevant materials. On the pages of the new issue, we paid close attention to the personnel problem. You will be interested in SuperJob's research on changes in demand for personnel over the year, salaries of truck drivers and warehouse staff. Our author V.S.
Dear readers! First of all, we would like to welcome all participants of the grand industry event – the CeMAT RUSSIA exhibition, which will be held from September 17 to 19, 2024, in Moscow, Crocus Expo IEC, Pavilion 1. LOGISTICS magazine will be presented at the event, we invite you to our stand C309, where you can get acquainted with the latest issue of the magazine and find out the terms of cooperation with the editorial office.
Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
The last week saw freight rates stop declining in the Azov and Caspian regions. And for the first time in 2.5 months rates hold the course for increase week 22 that is unusual for the low grain season.
There is growing demand for Russian barley from the Iranian side, which contributes to rates increase from the Middle Volga ports where still there are fair volumes of grains. Thus, workable freight level for voyage ex Samara to Iran reached USD 52 pmt. This is USD 2 more than week 21. However, nowadays the Iranian export perspective seems poor due to introduction of U.S. sanctions against Iranian Republic. Consequently, Russian Traders expect the drop in sales with Iran in new grain season compared to similar period of the previous year.
The rates adjustment in the Azov water is connected with the shortage of spot tonnage. The import ability of Turkish buyers is still low, for this reason a large amount of Ship Owners, who traditionally work on short legs to Turkish ports, are open for other directions of Mediterranean Sea, including Libya, Greece, Israel and Spain. The freight rates shot up in Azov basin owing to higher demand on the spot tonnage. And now the average rate basis voyage of the Rostov-Marmara amount USD 18 pmt, which is USD 2 more than last week.
Most likely, Mediterranean long hauls will remain the similarly commercially successful with the beginning of the new season. It seems no prerequisites to Turkey readiness for intensive buying in the near future. On the eve of harvest in Turkey, the government sells grain reserves out. In this context there is no necessity to enter the international market among Turkish Importers. Moreover, Turkish national currency devalued against dollar by 30% since the start of the year. When the market environment in Turkey will recover, it can be said about export opportunities for Russia for high grain season 2018.
On the whole, despite the emerging positive trend, it is too early to talk about further freight upward movement. Moreover, many Traders suspended their commercial activity until the end of the week (June 10) due to the grain conference in Gelendzhik. This event can also lead to rates changes both in the Caspian and in the Azov regions. Firstly, there is a negative impact on number of business deals during the symposium.