In the Baltic region, freight rates for short voyages have started to decline gradually as shipowners try to return and retain their fleet in the region. Still, freight rates for ARAG are still high, according to Sea Lines shipbrokers, a shipment of dwt cargo from Ust-Luga to the ARAG range is EUR 57 pmt this week
On week 45, freight rates for 3,000-5,000 dwt bulkers from Ust-Luga to Riga made €35 pmt and those to Gdansk were €36 pmt.
Freight rates from Ust-Luga made €38 pmt to Szczecin, €42 to Flensburg, and €52 to Hamburg.
Rates from Ust-Luga were €57 pmt to ARAG, €59 pmt to East Britain, €62 pmt to West Britain, and €63 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.