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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.
Today we again had a kind of slow activity in the dry cargo segment, and again the market tendency remains the same as during the last 2 weeks.
The capesizes had today again slower activity but now with little falling rates in all areas and directions, except in the Continent positions were quite some falls were observed. For the panamax size the market today were with okay activity and the outcome was again mainly stable rates in all areas and directions.
For the supramax and handysize dry cargo tonnage the market today was with sliding activity level. The supramax tonnage in West Africa was again with quite falling rates, and had mainly stable rates in all other areas and directions. For the handysize segment the freight market was for another day with almost stable and mostly unchanged rates in all areas and directions.
The European coaster market was with fine activity. In the Baltic Sea area or on the Continent the freight rates were again stable despite many open vessels. The freight rates in the Black Sea area were today with only slight falls and the Mediterranean today had slight increasing rates.
The tanker market was with little slower activity today. The crude oil tankers were with okay activity but with stable or even slight falling freight rate levels in most areas and directions. The product tanker market was today with okay activity and resulting in stable freight rate levels from the various loading areas.