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 exactly the same activity levels for the drybulk market as yesterday. The capes had a balanced tendency today together with the panamax size, but the supramax now get into more negative activity tendency, and the handysize were again with a stable tendency.
The capesizes had today fair activity and it resulted in more or less stable rates in almost all areas and directions. For the panamax size the activity was again unchanged and the market reacted with unchanged stable rates in all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again little slower activity levels. The supramax tonnage had slight falling rate levels in most areas and directions, but once more with real falls out of US Gulf. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.
The European coaster market was today with fair activity, but with many vessels open early next week. In the Baltic Sea area or on the Continent the freight rates were stable although tendency seems with falls upcoming the next weeks. The freight rates in the Black Sea area were again with minor falling rates today and the Mediterranean had also minor falling rates today.
The tanker market was today again with slower level of activity. The crude oil tankers were with slowing activity resulting in minor falling rates in most areas and directions. The product tanker market was today again with unchanged slow activity and it resulted in minor falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
