The FINANCIAL — In the season-2015/16, there is expected some decline of the export volumes of grains in the Black Sea region, in particular from Russia and Ukraine, declared Gennadiy Ivanov, Head of chartering/commercial department at Phaethon International, on May 29 during his report “Freight market of grain products in 2015-2016”, within the international conference “Grain Forum & Maritime days in Odessa -2015”.
According to him, in the Black Sea region, grain cargoes became the main indicator of the freight, so the reporting decline of exports will affect the freight index rates.
G.Ivanov declared that the annual increasing of sea vessels tonnage in the world totals 7%. In 2014, there were floated 46 mln tonnes of new vessels, in 2015 there is expected to reach the index of nearly 50 mln tonnes.
Also, he said in the beginning of 2014, the number of orders for new vessels significantly increased, in terms of rising of the freight index.
In addition, the expert added that China is one of the major players on the global freight market. In future, the share of Chinese tonnage will total nearly 60% of the global one, said G.Ivanov.
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