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 today was with an underlaying negative tone in the entire dry bulk market. The capes had slowing activity, the panamax and supramax with little slower activity, and the handysize with unchanged activity.
The capesizes had today slower activity and therefore the result was with slight falling rates in almost all areas and directions. For the panamax size the activity was further slowing and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market today had little slower activity levels. The supramax tonnage had slowing activity and with minor falling 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 again with little slowing activity level. In the Baltic Sea area or on the Continent the freight rates were with minor falling levels. The freight rates in the Black Sea area were with unchanged rates and the Mediterranean had very minor falling rate levels.
The tanker market was today with unchanged level of activity. The crude oil tankers had little slower activity resulting in very minor falling rates in most areas and directions. The product tanker market was with little better activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
