Demand for Handy, and Supramax and Ultramax bulkers in the Baltic is growing, which made it possible for owners to dictate better rates. Thus, a shipment of 40 tons from St. Petersburg to South Africa will cost about $32-34 pmt.
On week 33 freight rates for 30,000-35,000 dwt bulkers from Ust-Luga in the Baltic went up, according to Sea Lines ship brokers.
Last week, rates on the Ust-Luga – Continent – Ust-Luga routes were $14 pmt, rates from Ust-Luga to ARAG made $14.25 pmt.
Rates from Ust-Luga were $18.75 pmt to West Med rates, and $19.59 pmt to East Med.
Rates for 30,000-35,000 dwt bulkers from Ust-Luga to the Black Sea amounted to $21 pmt, rates to the Persian Gulf were $33 pmt.
Intra-Baltic rates for 3,000-5,000 dwt bulkers from Ust-Luga did not change significantly.
Thus, rates from Ust-Luga to Klaipeda were €7 pmt, and those to Riga and Stockholm also €7 pmt.
Freight rates from Ust-Luga to Hamburg made €14 pmt, and to Bremerhaven €15 pmt.
Rates from Ust-Luga to ARAG were €16 pmt, and those to Dublin €28 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.