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 due to the holidays in many countries with general slower activity in the entire drybulk market. The capesize had better tendency, the panamax with further sliding tendency, the supramax had unchanged little negative vibes and the handysize had further improving activity.
The capesize had much activity compared to the entire week and it resulted in unchanged and stable rates in almost all areas and directions. For the panamax size the activity was again a little slower and the market reacted with slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels like the entire week. The supramax tonnage had fair activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in further minor increasing rates in most areas and directions.
The European coaster market was today with unchanged general activity level. In the Baltic Sea area or on the Continent the freight rates were with unstable rates today due to the incoming storm. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean also had minor increasing rate levels today.
The tanker market was today with much slower level of activity. The crude oil tankers were with slow activity resulting in slight falling rates in most areas and directions. The product tanker market was today with very slow activity and it resulted in real falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
