Turkish wheat mills have been turning to Handysize cargoes in the face of soaring freight rates for smaller vessels in the CIF Marmara 12.5% wheat protein coaster market amid high seller stocks at Black Sea ports, combined with seasonal changes. “Coaster is not workable anymore, since there is an overstock at Black Sea ports,” said one Turkish mill owner, adding…
Turkish wheat mills turn to larger cargoes amid soaring coaster freight costs
Turkish wheat mills have been turning to Handysize cargoes in the face of soaring freight rates for smaller vessels in the CIF Marmara 12.5% wheat protein coaster market amid high seller stocks at Black Sea ports, combined with seasonal changes. “Coaster is not workable anymore, since there is an overstock at Black Sea ports,” said one Turkish mill owner, adding…
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