Freight Barrier in Trade
Freight Barrier in Trade – Due to the combination of factors such as the current war conditions, the decrease in the number of charterable ships due to the insurance companies being unable to insure many ships, and the fact that the war risk premiums in insurance policies climb to the level of 10/15 USD/ton, historical record levels have started to be seen in Azov/Marmara freight rates. Today, we see that river-type dry bulk carriers demand a freight rate of 100 USD/ton from Azov ports to Marmara ports. In the current market conditions, it is obvious that both sellers and buyers will have a hard time with these freights and this situation will not be sustainable – İE
