On week 7, 2021, freight rates for 40,000-50,000 dwt bulkers from the port of Novorossiysk moved upwards for some destinations.
According to Sea Lines shipbrokers, freight rates from Novorossiysk made $25 pmt to East Med and $26.75 pmt to West Med.
Freight rates from Novorossiysk to Casablanca were $31 pmt, freight rates to India amounted to $50 pmt.
Freight rates from Novorossiysk to China made $53 pmt.
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.