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 similar activities of the entire drybulk market like end of last week. The capes had more negative tendency today, the panamax size had very minor negative tendency, and with the supramax and the handysize again having a fully stable tendency.
The capesizes had today a slower activity and it resulted in more falling rates in almost all areas and directions. For the panamax size the activity was also again little slower and the market reacted with very minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had stable and unchanged rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in unchanged and stable rates in all areas and directions.
The European coaster market was today with mainly slow activity levels. In the Baltic Sea area or on the Continent the freight rates were again with minor lower levels. The freight rates in the Black Sea area were with stable and unchanged rates again today and the Mediterranean had again minor falling rate levels today.
The tanker market was today with little slower level of activity. The crude oil tankers were with okay activity resulting in very minor falling rates in most areas and directions. The product tanker market was today with fair activity and it resulted in mainly unchanged rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com