Scientific & Practical Journal
Editorial News
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.
PHOTO OF THE WEEK
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All News of Logistics
Freight Report Week 33
Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
As expected, freight rates in the Azov region dropped seriously on the 33rd week and despite the height of the grain season, reduced to May’s level. Owners feel certain that the market will come to life at the beginning of the new week, and that they will have the opportunity to raise rates, but experts who keep a close watch on market conditions are not sure of that: still buyers offer too low prices, and exporters continue to hold on to the goods. At this stage, many consider cheapen ruble as the primary driver of new deals conclusion. Over the past week, the US dollar appreciated by almost 1 ruble, which led to a surge in activity closer to the weekend, but a large number of spot tonnage does not allow yet rates to grow.
The Black Sea grain market is also depressed, freight rates from the Ukrainian Black Sea ports and Novorossiysk are reducing in in direct ratio to the Azov ones.
The freight market from the Volga and Don is also in a state of stagnation. The reason for this is very low scores of new harvest in the Volga regions, so Owners are more interested in transit cargo from the Black Sea to the Caspian Sea and return. Competition and high margins on this market allow Owners to feel confident in the trade issues, despite the lowering rates from the river.
The Caspian region also showed a negative trend amid a backdrop of Muslim holidays. Charterers of fertilizers from Turkmenistan took advantage of the situation for some measure, intercepting part of the tonnage for transit shipments. There is still an imbalance on the market, and a large number of spot vessels will open at Astrakhan on the 34th week, which will continue to pull the market down. The short-term prospects largely depend on how quickly Iranian importers will return to activity, as there are no problems with the availability of cargo in the Astrakhan region, and the cargo offer clearly exceeds the demand. Market insiders believe that the market should stabilize in early September.
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