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 a split in the activity levels for various sizes of the drybulk market. The capes had a good positive tendency today, the panamax size remained with little positive tendency today, with the supramax continue the slower activity tendency, and the handysize were today with slight negative tendency.
The capesizes had today good improved activity and it resulted in very good improving rates in almost all areas and directions. For the panamax size the activity was again little improving and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had slight falling rate levels in most areas and directions. For the handysize vessels the market was also with slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with slow activity levels as the first working day of 2025. 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 stable today and the Mediterranean had further minor falling rate levels today.
The tanker market was today with balanced level of activity. The crude oil tankers were with minor slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today with okay activity and it resulted in unchanged and stable rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
