Daily Freight Market Report Presented by IC Shipbrokers

IC Shipbrokers gives you an insight in today’s freight market and an update with the latest freight market indications.

It was a quite active Monday in the dry cargo segment today, so a busy start of the week.

The capesizes today had another day with positive tendencies in some areas. In the Continent or Far East or South America areas the rates were again going into positive increases, but for the other areas the falling rates or best case last done continued. For the panamax size it was another negative day with basically little falling rates in all areas or directions, so the downward tendency continue.

The market for the supramax and handysize dry cargo tonnage was a further day with slightly falling rates in most areas and sizes. The market for the supramax tonnage getting open in the US Gulf was again with falling rates but also all other areas having a further day with little falling rate levels or even stable rates in all directions. For the handysize segment the market was with little falling rates in all areas, except for Far East where the rates today were stable in various directions.

The European coaster market was once again quiet. In the Baltic Sea area or on the Continent the market was again with little falling freight rates, so the weaker market continues. The freight rates in the Black Sea area and the Mediterranean today had also little falling or best case last done freight rates.

The tanker market was again with little activity today. The crude oil tankers remained very stable and unchanged compared to Friday. The product tanker market was today also with slow activity and the result was little falling or stable rate levels from the various loading areas.

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