During week 34, freight rates for shipping cargo by coasters and Handysize bulkers in the Black Sea market continued declining.
According to Glogos Project brokers, freight rates for shipping wheat by coasters to the Sea of Marmara from NW Black Sea ports (Ukrainian Yuzhny, Kherson, Odessa, Nikolaev, Ilyichevsk) made $18 per ton.
Freight rates for shipping wheat by coasters from W Black sea ports (Varna, Burgas, Constanta) were $17 per ton, freight rates from NE Black Sea (Novorossiysk) were $18 per ton.
Freight rates for shipping metal scrap by coasters from NW Black Sea port to Marmara made $21 per ton.
Freight rates for shipping coal to Marmara from W Black Sea ports dropped down to $13 per ton, and freight rates from Novorossiysk were down to $17 per ton.
Please note that the rates cited in this article are average market rates. We ask our readers to pay attention that this information is not a commercial offer and cannot be an example for comparison in commercial disputes and arbitration proceedings.