Scientific & Practical Journal
Editorial News
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.
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All News of Logistics
Glogos Freight Report Week 12
Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
The Azov Sea market was stable last week; there are no reasons for movement in the short term. Rates for the next couple of weeks will be kept at the level of USD 17-18 per ton on the basis of voyages to the Marmara Sea. The market is refrained from a bigger fall only by goods which are not fitted under the duty and quota; though the sentiment in wait for deteriorating situation still remains. Owners of Russian-flagged fleet are trying to find an alternative by working in transit, or by switching to the Caspian Sea, where large Traders may work, even with the duties. With the current high freight level from deep water ports, FOB offers in the Caspian Sea look competitive for Iranian importers.
The market of small tonnage in the Black and the Mediterranean seas remains at a fairly high level. It is worth noting that Owners of coasters, who considered the Azov Sea as a home region, relocated their fleet to work from deep water ports of the Black and Mediterranean seas. It is interesting that grain is not the main factor that forms the freight market at the moment: there is a large number of cargo offers for steel products, coal and fertilizers. In the same period last year, the opposite situation was observed.
The Black and the Mediterranean coasters market of backhaul cargo is still in good spirits. The working level for the voyage from Kherson to Marmara is the average 10s on the basis of 3-5 thousand tons. At the same time, negotiations are more difficult, as far as many Owners are euphoric from the high market and offer rates of about USD 20 per ton. The usual level of low 10s for such cargo is unlikely to be achievable in the near future.
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