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 almost a copy of yesterday as again with two up and two down in the drybulk market. The capes had slower activity, the panamax slowing activity, and the supramax plus the handysize both remained with unchanged positive activity.
The capesizes had again much slower activity and therefore the result was further falling rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with 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 stable rate levels in most areas and directions. For the handysize vessels the market was with unchanged positive activity, and resulted in minor increasing rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with very minor falling rates and the Mediterranean had slight falling rate levels today.
The tanker market was today with slowing level of activity. The crude oil tankers had again little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was slowi activity and it resulted in real falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
