Freight Market Report 11/05 Presented By IC Shipbrokers

Photo: 156127492©Mr.siwabud Veerapaisarn |

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 okay activity in the entire dry cargo segment, but with little negative tendency in the larger bulkers.

The capesizes had today little less activity. The rates in Fareast or Pacific Basin were with slight falling rates, and in all other areas and directions with stable rates. For the panamax size it was with unchanged activity and the result was a day with falling rates in Fareast but with stable rates in all other areas and directions.

For the supramax and handysize dry cargo tonnage the market today was again with decent good activity. The supramax tonnage in US Gulf was with slight increasing rates, and had stable rates in all other areas and directions. For the handysize segment the market for a further day was with stable and mainly unchanged rates in all areas and directions.  

The European coaster market was today with little improving activity. In the Baltic Sea area or on the Continent the freight rates were today stable. The freight rates in the Black Sea area were with quite some falls again and the Mediterranean today was again with stable freight rates.

The tanker market was today with fair activity. The crude oil tankers were again with stable or slight increased freight rate levels in most areas and directions. For the product tanker market, it today was with slight falling freight rate levels from the various loading areas.

Disclaimer for podcasts and articles

When you view, access or otherwise use our podcasts or articles, you acknowledge the application of this disclaimer:

Shipping Telegraph ApS provides no warranty, guarantee or representation as to the accuracy or sufficiency of the information featured in our podcasts or articles. The information, opinions, recommendations, content, etc. presented in our podcasts or articles are for information purposes only and do not constitute or replace professional advice. Any reliance you may place on the information provided in our podcast or articles is strictly at your own risk.

Unless it is specifically stated, Shipping Telegraph ApS does not approve, recommend or certify any product, process, service, organization, etc. presented or mentioned in our podcasts or articles. Any third-party materials, advertisements or content of any third-party referenced in our podcasts or articles do not necessarily reflect the opinions, standard or policies of Shipping Telegraph ApS, and Shipping Telegraph ApS cannot be held accountable hereof. Shipping Telegraph ApS is not responsible or liable for the accuracy, completeness or compliance with applicable laws of any third-party material, advertisements and content.

Shipping Telegraph ApS shall not be responsible for any errors or omissions contained in the podcasts, the articles or the website used to gain access hereto and reserves the right to make changes without notice. Shipping Telegraph ApS makes no warranty that our podcasts or articles, or the server making them available, are free of viruses, worms, etc.

Shipping Telegraph ApS expressly disclaims any and all liability or responsibility for any direct, indirect, punitive, incidental, consequential or other damages or other claims arising out of or in connection with any individual's and business entity's use of, reference to, reliance on our podcasts or articles or the information presented herein. By ticking the box, I agree with the disclaimer above.