# Shortage of grain cargoes from Ukraine affects the Panamax market | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

> Panamax owners report an acute shortage of grain cargoes from Ukraine, with excess tonnage keeping freight rates under pressure. Ukrainian deep-water Panamax rates to southern China fell $1 to $33-35 per tonne. Corn freight from Greater Odessa to Italy is about $16 per tonne, and Danube corn rates to Italy fell $1 to $25-27 per tonne.

- Date: 2025-02-01 · published 2025-02-01T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/16966-shortage-of-grain-cargoes-from-ukraine-affects-the-panamax-market-ukrainian-and
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak Black Sea freight reflects slower Ukrainian corn movement, which can ease export competition for corn and lower FOB offers from the region. Lower freight also supports delivered costs for European and Asian feed buyers.

## Read by commodity

- CORN: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-18 | [Freight rates for grain transportation from Ukraine are decreasing \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16989-freight-rates-for-grain-transportation-from-ukraine-are-decreasing-ukrainian.md) | -0.1% | +2.7% |
| CORN | 2024-05-20 | [Handysize freight rates continue to fall \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/30457-handysize-freight-rates-continue-to-fall-ukrainian-and-world-shipping-news.md) | +1.9% | +5.4% |
| CORN | 2026-09-18 | [Shipping market: The good, bad and ugly \| World Grain](https://feedsoft.ai/events/16764-shipping-market-the-good-bad-and-ugly-world-grain.md) | +0.5% | -3.5% |
| CORN | 2024-04-30 | [Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness](https://feedsoft.ai/events/30624-freight-rates-for-the-transportation-of-ukrainian-grain-by-sea-affect-its.md) | +3.0% | +7.6% |
| CORN | 2025-08-12 | [Rising Freight Rates for Grain Shipping from Ukraine](https://feedsoft.ai/events/14187-rising-freight-rates-for-grain-shipping-from-ukraine.md) | +0.0% | +4.3% |

## Sources

- en.usm.media: https://en.usm.media/shortage-of-grain-cargoes-from-ukraine-affects-the-panamax-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.