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