Freight Market Report 26/05 Presented By IC Shipbrokers

Photo: 141169744©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.

Today we had a slow activity in the dry cargo segment view the long weekend coming.

The capesizes had today again a slow activity with little falling rates in almost all areas and directions. For the panamax size the market today were again with slightly slow activity and the market again went slightly down in all areas and directions. The tendency was the same for the larger bulkers the entire week.

For the supramax and handysize dry cargo tonnage the market today was with okay activity. The supramax tonnage in US Gulf was again today with 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 very slow activity view holiday on Monday. In the Baltic Sea area or on the Continent the freight rates were with some falls. The freight rates in the Black Sea area were today with further slight falls and the Mediterranean today had slight increased rates.

The tanker market was with quite normal activity today. The crude oil tankers were with little less activity and therefore now with slight falling freight rate levels in most areas and directions. The product tanker market was today also with fine activity and resulting in little increasing freight rate levels from the various loading areas.

We will be back on Tuesday with more freight market news from IC        

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