# Analysts: Shipowners refuse to reduce freight rates ahead of holidays | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

> Ukrainian shipowners are holding freight rates steady ahead of the holidays despite limited cargo flow from Ukraine. Panamax rates for corn or wheat from Odesa to southern China are stable at $39-40/t, and Danube barge rates to Italy fell $1 to $27-29/t.

- Date: 2024-12-20 · published 2024-12-20T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/27154-analysts-shipowners-refuse-to-reduce-freight-rates-ahead-of-holidays-ukrainian
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stable Black Sea freight rates keep Ukrainian grain competitive in Asian and Mediterranean markets, with limited cargo flow suggesting modest export pressure on corn and wheat prices.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-30 | [Bulk carriers freight rates from Ukrainian ports have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/28514-bulk-carriers-freight-rates-from-ukrainian-ports-have-increased-ukrainian-and.md) | +1.0% | -0.6% |
| CORN | 2025-04-14 | [Freight rates for grain transportation by coasters to Italy have increased on the Danube \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16952-freight-rates-for-grain-transportation-by-coasters-to-italy-have-increased-on.md) | +1.1% | -5.2% |
| CORN | 2024-01-26 | [Freight rates for grain shipping from Ukraine's Odessa ports continue to decline - brokers](https://feedsoft.ai/events/32319-freight-rates-for-grain-shipping-from-ukraine-s-odessa-ports-continue-to.md) | -0.9% | -7.1% |
| CORN | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +0.8% | +0.6% |
| CORN | 2019-04-26 | [The future of the Panama Canal: What’s next for grain and coal shipping - FreightWaves](https://feedsoft.ai/events/59492-the-future-of-the-panama-canal-what-s-next-for-grain-and-coal-shipping.md) | +0.6% | +5.3% |
| WHEAT | 2024-09-30 | [Bulk carriers freight rates from Ukrainian ports have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/28514-bulk-carriers-freight-rates-from-ukrainian-ports-have-increased-ukrainian-and.md) | +0.6% | -6.3% |
| WHEAT | 2026-01-21 | [Ukraine refutes reports of shipowners steering clear of its Black Sea ports](https://feedsoft.ai/events/14148-ukraine-refutes-reports-of-shipowners-steering-clear-of-its-black-sea-ports.md) | +2.7% | +4.3% |
| WHEAT | 2022-03-10 | [Inside a frantic race to get Ukrainian corn and wheat to world markets  - The Globe and Mail](https://feedsoft.ai/events/14506-inside-a-frantic-race-to-get-ukrainian-corn-and-wheat-to-world-markets-the.md) | -3.3% | +4.6% |

## Sources

- en.usm.media: https://en.usm.media/analysts-shipowners-refuse-to-reduce-freight-rates-ahead-of-holidays/

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