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 again with a different split in the activity levels for various sizes of the drybulk market. The capes had another good positive tendency today, the panamax size remained with fine positive tendency today, with the supramax continue a little slower activity tendency, and the handysize were today with minor negative tendency.
The capesizes had today further good improved activity and it resulted in very good improving rates in almost all areas and directions, mostly in the Pacific Basin. For the panamax size the activity was again little improving and the market reacted with further slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again little slower activity levels. The supramax tonnage had slight falling rate levels in most areas and directions. For the handysize vessels the market was also with little slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with slow activity levels as many spot vessels in all areas view the many holidays. In the Baltic Sea area or on the Continent the freight rates were with some further falls. The freight rates in the Black Sea area were also with slight falls today and the Mediterranean had again further minor falling rate levels today.
The tanker market was today with almost balanced level of activity. The crude oil tankers were with little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today with fair activity and it resulted in unchanged and stable rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
