On week 51, a lot of Handy and Supra type vessels opening at the end of December are reported in the deep sea market in the Baltic. According to Sea Lines ship brokers, most ship owners prefer to leave their fleet in the Atlantic region. Also, a high demand for fleet opening on January dates is observed among charterers.
On week 50, freight rates for 30,000-35,000 dwt bulkers from Ust-Luga increased for all destinations.
Thus, rates on the Ust-Luga – Continent – Ust-Luga rates were $17.75 pmt, rates from Ust-Luga to ARAG made $19 pmt.
Rates from Ust-Luga were $29 pmt to West Med rates, and $33 pmt to East Med.
Rates for 30,000-35,000 dwt bulkers from Ust-Luga to the Black Sea amounted to $35.75 pmt, rates to the Persian Gulf were $41 pmt.
In the Baltic short sea market the amount of shipments is increasing. As a result, many ship owners are willing to return part of their fleet to the Baltic from the Northern Sea, the Continent and even the ARAG range. Despite this fact, there is still a shortage of coasters in the Baltic region.
This week there are a lot of shipment from Polish and Lithuanian ports to UK and ARAG destinations. In terms of freight, both the introduction of ice dues and higher fuel prices are driving an increase in rates for most directions, Sea Lines report.
On week 50, freight rates for smaller bulkers from Ust-Luga continued to grow.
Thus, rates from Ust-Luga to Klaipeda were €19 pmt, and those to Riga and Stockholm were €15.25 pmt.
Freight rates from Ust-Luga to Hamburg made €27 pmt, and to Bremerhaven €28.5 pmt.
Rates from Ust-Luga to ARAG were €30 pmt, and those to Dublin €41 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.