Dear readers! We present to your attention the final issue of the LOGISTICS journal in 2024. We have tried to make it rich and interesting. Today, many Russian companies operate under strict sanctions restrictions, which force them to reorient logistics flows. One of the possible solutions to this problem may be the Russia – Mongolia – China economic corridor. Details can be found in the article by Alexandra Kazunina.
Dear readers! We present to your attention the 11th issue of the LOGISTICS magazine, where you will find relevant materials and articles. And again, the focus is on international cooperation. An important event in this area was the International Trade Day 2024 Forum, held on November 7, 2024 in Moscow.
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.
Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
Freight rates in the Azov market has been growing during last two weeks. There is no spot tonnage nowadays, while overall fleet demand increases. As market participants report, the FOB price for grain has fallen so much that it resulted in an uptrend in demand for the commodity from importers. Moreover, the market is supported as well by major Charterers that need to fulfill their contract obligations and cannot derail their programs.
Some part of the Russian-flagged fleet has already begun working on transit and voyages ex river ports. The Bagaevskiy hydro complex, Volgograd lock and Volgo-Don canal are opening on April 1, and river Charterers are showing keen interest toward tonnage with Russian flag. As market analysis reveals, freight rates from Rostov will be growing as a result of the withdrawal of the fleet on the river jobs.
Many Traders engaged in commerce with Iran are working on scenarios including buying corn in Azov ports with its further transit to the Caspian Sea. Historically the price on corn in that region, which is targeted at Turkey, is substantially lower than that in the Caspian. Taking into account transit rates of the early navigation period, Traders consider such contracts. The problem is that many Ship Owners whose fleet is positioned in the Azov, had relocated it into that region on purpose because of the Iranian sanctions, and only few of them are keen on transit particularly to Iran.
By reports of consignors focused on the Caspian direction, tough weight limitations imposed last year have significantly reduced their opportunities of road cargo delivery from the Volga region to the ports of Astrakhan region. So with the opening of navigation, the increased demand for tonnage, able to be loaded from river ports, is expected there, which can lead to the growth of rates from other sea ports in the region.