Sudden cold prompts Black Sea delays (18-Jan-2017)

Westward trans-Baltic shipments remain stableBlack Sea ice
Cargoes of 6,000mt SMB from Kaliningrad are said to be fixing around EUR 13-14/mt to Denmark and EUR 18-19/mt to ARAG. (p. 1) 

Black Sea cold snap threatens to tighten tonnage avails
A cold snap across the northern Black Sea has caused closures and port delays—at ports including Varna, Burgas, Constanta, Odessa, Reni, Izmail and Ust-Dunaysk—that some think will end up lifting freight levels if charterers get more desperate to have tonnage that seems to be falling in availability. (p. 2) 

European DAP purchasing was flat in 2016
DAP imports to European buyers declined by about 3% in the first ten months of the year with only Romania showing some improvement, importing 249,161mt in the period, a 71% year-on-year jump from the year before. (p. 3)

…continue reading in this week’s BMTI Short Sea Report.

 

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