In the Baltic region, freight rates remain on the previous week’s level. The number of open positions in the region is increasing, but there are still difficulties finding fleet for cargoes from St. Petersburg, Sea Lines shipbrokers report. Most shipowners currently prefer to charter tonnage near the Continent.
On week 40, freight rates in the Baltic region short sea market continued to grow.
According to Sea Lines, freight rates for 3,000-5,000 dwt bulkers from Ust-Luga to Riga made €27 pmt and those to Gdansk were €28 pmt.
Freight rates from Ust-Luga made €30 pmt to Szczecin, €33 to Flensburg, and €40 to Hamburg.
Rates from Ust-Luga were €42 pmt to ARAG, €48 pmt to East Britain, €51 pmt to West Britain, and €52 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.