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.
The market was today with further slowing down activity in the entire drybulk market. The capes had again negative activity tendency today, the panamax with unchanged activity, the supramax with little positive activity and the handysize with little slower activity.
The capesizes had slower activity again and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with unchanged and stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had little changed activity levels. The supramax tonnage had okay activity with further very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with little slowing activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with quite slow activity level. In the Baltic Sea area or on the Continent the freight rates were with further falling rates. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with slowing level of activity. The crude oil tankers were with little slower activity resulting in slight falling rates in most areas and directions. The product tanker market was today also with slower activity and it resulted in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com