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 almost a copy of the situation in the drybulk market as end of last week. The capesize continue the slower tendency, the panamax remains with unchanged slightly slower activity with the supramax and handysize having fully unchanged activity.
The capesize had slower activity and it resulted in falling rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with very minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged fair activity levels. The supramax tonnage had fair activity with stable rate levels in most areas and directions. For the handysize vessels the market was also with fair activity, and resulted in unchanged rates in most areas and directions.
The European coaster market was today with unchanged slow activity level caused by the peak of the summer holidays in many countries. In the Baltic Sea area or on the Continent the freight rates were with unchanged low rates. The freight rates in the Black Sea area were with minor falling rates today and the Mediterranean also had minor falling rate levels today.
The tanker market was today with fine level of activity. The crude oil tankers were with minor improving activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with unchanged good activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
