Coaster rates settle at high levels in Baltic & Continent

摘要

The coaster shipping market remains quite lively in the Baltic & Continent. Cargo offers regularly enter the market, while the tonnage list remains rather short in the basin. So far, owners feel their advantage and quite confidently keep rates at high levels. Still, further growth is not reported: Transportation of 5-6,000 t of steel cuttings from St. Petersburg to northern Spain is discussed at mid-high €30s/t; Shipment of about 4,000 t of steel from St. Petersburg to the ARAG ports costs €27-28/t;