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 in a general negative mood with slower activity level for the entire drybulk market.
The capesizes had today much slower activity and it resulted in falling rates in most areas but with huge falls in the Pacific basin. For the panamax size the activity was again slightly slower and the market reacted with further slight falling rates in all areas and directions.
For the supramax and handysize dry cargo tonnage the market had today okay activity levels. The supramax tonnage had minor falling rate levels in most areas and directions, except slight increases out of US Gulf. For the handysize vessels the market was with slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with unchanged activity. In the Baltic Sea area or on the Continent the freight rates were having further minor falling tendency. The freight rates in the Black Sea area were stable today and the Mediterranean had further minor falls.
The tanker market was today with unchanged level of activity. The crude oil tankers were with slower activity resulting in very minor falling rates in most areas and directions. The product tanker market was today again with okay activity and it resulted in further minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
