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sea transportation - Latest news GMK Center

Photo – Freight rates for iron ore fell in early June
Freight rates for iron ore fell in early June

The market is under pressure from fluctuations in freight volumes

Photo – Turkey is increasing the fee for ships passing through the Bosphorus and the Dardanelles by 15 per cent
Turkey is increasing the fee for ships passing through the Bosphorus and the Dardanelles by 15 per cent

From 2022, the fee amounts are updated annually: indexation takes place on 1 July each year

Photo – 200 million tonnes of cargo have been transported via the Ukrainian maritime corridor
200 million tonnes of cargo have been transported via the Ukrainian maritime corridor

Since the start of 2026, Ukraine’s seaports have handled nearly 35 million tonnes of cargo

Photo – Freight rates for iron ore in May are fluctuating within a narrow range
Freight rates for iron ore in May are fluctuating within a narrow range

The dry bulk market entered the second quarter in better shape than expected

Photo – Ferrexpo sold the «Iron Destiny» for $7.7 million
Ferrexpo sold the «Iron Destiny» for $7.7 million

The sale of the vessel is due to limited operational capabilities and rising maintenance costs

Photo – Vale has ordered its first ethanol-powered ocean-going bulk carriers from Shandong Shipping
Vale has ordered its first ethanol-powered ocean-going bulk carriers from Shandong Shipping

Two Guaibamax-class ore carriers will be equipped with rotary sails and are scheduled to enter service in 2029

Photo – The dry bulk market remains relatively stable compared to other segments
The dry bulk market remains relatively stable compared to other segments

Freight rates are currently being driven up by rising bunker fuel prices

Photo – Ukrainian ports have handled over 15 million tons of cargo since the beginning of 2026
Ukrainian ports have handled over 15 million tons of cargo since the beginning of 2026

Since September 2023, almost 179 million tons of cargo have been transported through the Ukrainian maritime corridor

Photo – Chinese steel exports will regulate demand for Supramax vessels
Chinese steel exports will regulate demand for Supramax vessels

The growth in global steel flows last year was driven by China

Photo – Ukrainian seaports handled 82.2 million tons of cargo in 2025
Ukrainian seaports handled 82.2 million tons of cargo in 2025

Last year, over 95% of the transshipment plan was fulfilled

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