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IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications.
It was a day with a slow activity after Labor Day in the entire dry cargo segment, so mainly negative tendency today.
The capesizes had today a rather slow go in activity. The rates in Fareast and Southeast Asia were with falling rates, and stable in all other areas and directions. For the panamax size it was with slower activity too and the result was slightly falling rates in all areas and directions.
The market for the supramax and handysize dry cargo tonnage today was with okay activity. The supramax tonnage in US Gulf and Fareast was with falling rates, but had mainly stable rates in all other areas and directions. For the handysize segment the market was today again with stable and unchanged rates in all areas and directions.
The European coaster market was again today with very slow activity after the holiday yesterday. In the Baltic Sea area or on the Continent the freight rates were further slightly falling. The freight rates in the Black Sea area were with slight falls and the Mediterranean today was with stable freight rates.
The tanker market was again today considered as slow. The crude oil tankers had again further slight fallen freight rate levels in most areas and directions. For the product tanker market, it had today also further fallen rate levels too from the various loading areas.
We will be back tomorrow with more freight market news from IC Shipbrokers.com