Baltic Sea coaster freights stay high despite holiday season

摘要

The Baltic Sea coaster market remains quite stable in 2H July. The European holiday season is in full swing, which is certainly reflected in market activity. However, most owners report that their vessels got fixed in advance up to Aug, which is still affecting the regional spot tonnage list. Thus, owners keep rates at quite high levels, which are more typical for the winter period rather than for the calm summer season: The contract for transportation of 4,000 t of minerals from northern Finland to the Continent (two discharge ports) has been concluded at €28-29/t;