On week 11, freight rates for 40,000-50,000 dwt bulkers from Novorossiysk declined for some destinations.
According to Sea Lines shipbrokers, freight rates from Novorossiysk made $22.5 pmt to East Med and $24.5 pmt to West Med.
Freight rates from Novorossiysk to Casablanca were $31.25 pmt, freight rates to India amounted to $49.5 pmt.
Freight rates from Novorossiysk to China made $52 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.