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• Stable rates for Med coasters (2 Oct 2024)

  Greek Med: Steady cargoes are keeping steady rates in the area. Corn cargoes of 3,000mt (51′) are fixing rates of US$24-25/mt from Izmail to Patras, brokers say. Grain of 5,000mt (49′) from the Odessa area can fetch US$ 24-25/mt to WC Greece while the same cargo from Reni to EC Greece can get US$ 22/mt. Turkish Med: Grain cargoes of 5,000mt (54′) from the Danube River (ex-Reni) are securing upwards of US$ 24/mt to Mersin and, according to shipbrokers, US$ 25/mt to Iskenderun. Soybean cargoes of 6,000 (52′) from Chornomorsk have been actively getting chartered to Iskenderun in the US$ 19-21/mt range. Adriatic Sea: Rebar of 3,000mt was fetching up­wards of US$ 17-18/mt ex-Icdas to Durres in the last days of September. Minerals of 4,500mt are be­ing concluded on urgent terms at US$ 31/mt ex-Tuapse to Koper, owners report. Grain of 5,000mt (46′) did US$ 29.5/mt ex-Galatz to Italian Adriatic. Grain for Split/Bari business is fetching US$ 12/mt.

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