# Black, Caspian ports try to lure Asian shippers | Journal of Commerce

> Black Sea ports in Novorossiysk, Chornomorsk and Odessa are marketing faster routes for Asia-to-Southern Europe cargo compared with the traditional Shanghai-to-St. Petersburg route. Their expansion may bring lower rates over time.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/63391-black-caspian-ports-try-to-lure-asian-shippers-journal-of-commerce
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Competitive freight options from Black Sea ports could shift container and bulk routing and modestly lower shipping costs, with limited direct effect on grain prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- prod.int.joc.com: https://www.prod.int.joc.com/article/black-caspian-ports-try-to-lure-asian-shippers-5227566

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