# Low demand for vessels and lack of orders put pressure on freight rates in Ukrainian ports

> Weak demand for ships and few cargo orders are keeping freight rates low at Ukrainian ports. Shipowners are holding rates down, and rates from Danube and Chornomorsk ports are largely flat or slightly lower on the week. Quoted river and sea rates cover routes to Romania, Bulgaria, Greece, Turkey, Israel, China and Vietnam.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/29007-low-demand-for-vessels-and-lack-of-orders-put-pressure-on-freight-rates-in
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Low freight costs from Ukrainian ports lower the delivered cost of Black Sea grain and support export competitiveness. Persistent weakness suggests subdued export demand and few new sales.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/low-demand-for-vessels-and-lack-of-orders-put-pressure-on-freight-rates-in-ukrainian-ports/

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