IC Shipbrokers gives you an insight in today’s freight market and an update with the latest freight market indications.
It was with a good activity in the dry cargo segment today, but again with different outcome for the various sizes.
The capesizes today had further falling rates again, except for some few fixtures. In the Far East or Pacific areas, the rates were back with real falling rates, but for the other areas it was either with slight falling rates or in some cases even small increases for long voyages. For the panamax size it was another negative day with basically falling rates in all areas or directions, so the downward tendency continues for a further day.
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 or West Africa 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 or US Gulf where the rates today again were stable in various directions.
The European coaster market was once again very quiet. In the Baltic Sea area or on the Continent the market was again with little falling freight rates, so the market downward tendency continues. The freight rates in the Black Sea area and the Mediterranean today had increasing freight rates with many unfixed cargoes.
The tanker market was once again with little activity today. The crude oil tankers today again had sliding freight rates. The product tanker market was today with further slow activity and the result was now with further falling rate levels from the various loading areas.
