During week 23, freight rates for shipping cargo by Handysize bulkers from Russian and Ukrainian Black Sea ports declined.
According to Glogos Project shipbrokers, freight rates for shipping wheat by 10,000 dwt Handysize bulkers from Novorossiysk / Tuapse to East Med made $15 pmt, and those for 25,000 dwt bulkers were $13 pmt.
Freight rates from Odessa / Chernomorsk to East Med made $15 pmt for 10,000 dwt bulkers and $12 pmt for 25,000 dwt bulkers. Freight rates for wheat from Nikolaev to East Med were $17 pmt for 10,000 dwt ships and $12 pmt for 25,000 dwt ships.
Freight rates for mineral fertilizers from Novorossiysk / Tuapse to East Med were $20 pmt for 10,000 vessels and $15 pmt for 25,000 dwt vessels.
Freight rates for coal from Novorossiysk / Tuapse to ARAG made $22 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.