Dry Cargo Market Review 20-24 April 2026
In the Black Sea river-sea coaster market, freight rates remained under pressure due to the slowdown in grain exports. Conventional coaster market continued to hold firm without significant downside movement.
He was born in Istanbul in 1981. He attended Burak Bora Anatolian High School and the Naval Architecture & Marine Engineering Faculty of Yıldız Technical University.
He earned an Executive MBA (Honours) from Istanbul Technical University in 2005.
In 2019, he also completed an MSc in Maritime Transportation and Management Engineering at Istanbul Technical University.
He is a marine engineer with a background in shipping business research and development as well as economics.
He also has a background in shipping finance, S&P, and gas shipping (LPG) market exposure, as well as experience in both economic development and recession periods, and understands the various dynamics involved.
He specializes in shipping markets (freight, sale, and purchase), as well as shipping and commodity research in dry bulk, gas tankers, and, to a lesser extent, petrochemicals.
In the years 2006 to 2018, he served on domestic and international corporations as Senior Associate, Business Development Consultant, Research Manager, Maritime Expert, Editor in Chief and Shipbroker.
He’s been working on shipping business as a Director in NAVİS Management Consulting Company since 2018.
In the Black Sea river-sea coaster market, freight rates remained under pressure due to the slowdown in grain exports. Conventional coaster market continued to hold firm without significant downside movement.
In the Black Sea river-sea coaster market, freight rates remain under pressure, although Turkish shipowners are showing resistance.
In the Black Sea river-sea coaster market, freight rates came under pressure this week as the ruble strengthened and fuel prices eased slightly.