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 total balanced and unchanged activity levels for the entire drybulk market. The capes had a fully balanced tendency today together with the panamax size, with the supramax now into minor negative activity tendency, and the handysize were again with a stable tendency.
The capesizes had today okay activity and it resulted in stable rates in almost all areas and directions. For the panamax size the activity was again unchanged and the market reacted with unchanged stable rates in all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.
The European coaster market was today with slower activity, with many owners and brokers heading towards the Hamburg “Eisbein” week. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were again with minor falling rates today and the Mediterranean had slight falling rates today.
The tanker market was today again with little slower level of activity. The crude oil tankers were with slowing activity resulting again in minor falling rates in most areas and directions. The product tanker market was today again with unchanged activity and it resulted in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
