Major grains houses seek spot tonnage for September laycans Freight rates to the Mediterranean, West Africa remain inconsistent The Black Sea dry bulk shipping markets have resumed spot trading as the Ports of Odesa and Yuzhny saw an influx of spot grains cargo inquiry into West Africa and the Mediterranean. Ukraine’s Black Sea ports officially reopened at the end of July for the first time since the Russian invasion in February. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A backlog of loaded and ready to sail ships, many of which had been stuck in berth at Odessa since the invasion, met with a fresh influx of spot cargo requirements from the large grains trading houses. “There’s an avalanche of cargo from Odessa right now,” said one shipbroker source. “All the usual suspects getting involved — Louis Dreyfus, Cargill, ADM — basically selling […]