On week 38, freight rates in the Baltic region short sea market continued to grow.
According to Sea Lines ship brokers, freight rates for 3,000-5,000 dwt bulkers from Ust-Luga to Riga made €23 pmt and those to Gdansk were €24 pmt.
Freight rates from Ust-Luga made €26 pmt to Szczecin, €29 to Flensburg, and €36 to Hamburg.
Rates from Ust-Luga were €38 pmt to ARAG, €44 pmt to East Britain, €47 pmt to West Britain, and €48 pmt to Dublin.
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.