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