Freight market is at low side firstly due to holidays and secondly due to turkish lira devaluations leading to trading complications. But real market trigger is in hands of ice staff By doubtfull indulgences that brought nothing but confusion when older ladies with substandart class were allowed to discharge but not allowed to load at Azov-Rostov-Taganrog ports ice staff is holding market trigger in their hands. We expect if hearts of ice staff would melt like ice fields at Taganrog Bay and older ukraineaen and other clas sladies will be allowed to trade Azov-Rostov freight rates may cut down 25-30% withing 1 week with further negative dynamic. If not - cutting will not be so strong - limited to 5-10% due to limited tonnage supply. let's live and see.
