Players highlight mixed picture of Baltic North Sea coaster market

摘要

The North European coaster market picture differs somewhat depending on the part of the basin. The Baltic Sea market remains generally soft. Cargo offers ex Russian ports occasionally enter the market, while these shipments still require a premium. The lower Baltic market is not showing any particular improvements as regular grain traffic is insufficient for a dramatic shift. Corresponding rates are relatively stable. Meanwhile, owners working in the North Sea report increased number of fresh cargo requests.