On week 9, 2021, due to the active shipments of steel, fertilizers and grai, freight rates are keeping at a high leve, Sea Lines shipbrokers report l. This urges some charterers to hold off shipments of already purchased / sold cargo, waiting for a drop in freight.
On week 9, freight rates for 40,000-50,000 dwt bulkers from Novorossiysk decreased slightly for some destinations.
Freight rates from Novorossiysk made $25 pmt to East Med and $26.5 pmt to West Med.
Freight rates from Novorossiysk to Casablanca were $32 pmt, freight rates to India amounted to $50.75 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.