# Rush in the Black Sea freight market reaching its peak

> Shipowners in the Black Sea are short of available Handysize vessels as demand rises on regular wheat and corn shipments from Ukraine, Romania and Bulgaria. Charterers' bids trail shipowners' offers by USD 4-5/MT even on short-distance deals, and many exporters are postponing shipments.

- Date: 2021-02-23 · published 2021-02-23T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/48486-rush-in-the-black-sea-freight-market-reaching-its-peak
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tight vessel supply and higher freight raise the landed cost of Black Sea grain and can delay export sales, which supports freight rates and firms nearby grain prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/rush-in-the-black-sea-freight-market-reaching-its-peak/

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