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 21 2019
Region: Russian River, Azov / Black Sea, Caspian
Trade: Coaster shipments
The freight market of the Caspian region is showing a sheer fall. Due to the lack of sufficient cargo offers freight rates showed a decrease of USD 3-5. The abundance of tonnage supply with the Iranian flag applies pressure on freight rates in the Caspian Sea ports. After the imposition of latest sanctions against Iran, many Charterers abandoned the idea of using vessels with the Iranian flag, for which reason Owners are forced to dump amid hopes to get cargoes at low rates. Owners of the fleet with the Russian flag turned out to be hostages of this circumstance, because they have to compete with the abundance of cheap Iranian tonnage.
Transit cargoes from the Black Sea to the Caspian Sea are not in great demand among Owners. The key reasons for this are the reduction of freight rates at this direction and the lack of back hauls from the Caspian Sea. The situation may be changed by the commissioning of nitrogen fertilizers plant in Turkmenistan, but the completion of the repair is postponed for a long stretch of time. According to the latest update, the launch of the conveyor line at the plant is scheduled for the beginning of June.
It is expected that most of Owners working in the southern regions will try to fix their vessels this week, because the business activity will be extremely low from 3rd to 9th of June. The reason for this will be Ramazan Bayrami in Turkey, as well as holding Russia's largest Grain Round in Gelendzhik, where gather together key market players.
The Azov-Black Sea market remains stable. The lack of rates dynamics, low demand for tonnage and increased interest of Owners in long voyages with back hauls are outstanding features of the region.
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