On week 19, freight rates for 40,000-50,000 dwt bulkers from Novorossiysk moved sideways.
According to Sea Lines shipbrokers, freight rates from Novorossiysk made $19 pmt to East Med and $21.5 pmt to West Med.
Freight rates from Novorossiysk to Casablanca were $30 pmt, freight rates to India amounted to $51 pmt.
Freight rates from Novorossiysk to China made $47.5 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.