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 two up and two down in the drybulk market. The capes had very slow activity, the panamax slower activity, and the supramax plus the handysize both remained with unchanged but positive activity.
The capesizes had much slower activity and therefore the result was real falling rates in almost all areas and directions. For the panamax size the activity was again slower and the market reacted with further minor 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 unchanged activity with further minor increasing rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.
The European coaster market was today with real slow activity level. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean had unchanged rate levels today.
The tanker market was today with little slower level of activity. The crude oil tankers had little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was with slowing 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
