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