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 a new develop of the activity in the drybulk market. The capes remain with a negative tendency today, the panamax, supramax and handysize remained more or less balanced with a fully stable tendency.
The capesizes had today slow activity and it resulted in more falling rates in almost all areas and directions, but mostly in the Continent area. For the panamax size the activity was little better and the market reacted with more or less unchanged stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged fair activity levels. The supramax tonnage had more or less balanced and unchanged rate levels in most areas and directions, except little increasing rates out of the US Gulf. For the handysize vessels the market was with fair activity, and resulted in unchanged and mainly stable rates in all areas and directions.
The European coaster market was today with okay activity levels. In the Baltic Sea area or on the Continent the freight rates were stable. The freight rates in the Black Sea area were with slight increasing rates today and the Mediterranean had unchanged and stable rate levels today.
The tanker market was today with little slower level of activity. The crude oil tankers were with unchanged activity resulting in stable rates in most areas and directions. The product tanker market was today again with little slower 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
