The Baltic Sea coaster market remains firm. Spot tonnage supply is modest in the region, but an acute shortage of ships is noted onlyin some cases. As before, many vessels carry out shipments on a contract basis. Moreover, seasonal worsening in weather conditionsaffects fleet turnover. The cargo traffic is supported by regular shipments of grain, fertilizers, steel products and ferrous raw materials.The market picture generally looks favorable for owners, who manage to strengthen positions further. Rates on key routes have addedanother €1-2/t this week.
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