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 different directions in the various sizes of the drybulk market. The capes had another day with slower tendency, the panamax size had slight positive tendency, and with the supramax together with the handysize were again with a fully stable tendency.
The capesizes had today slower activity and it resulted in further falling rates in almost all areas and directions. For the panamax size the activity was little better and the market reacted with very minor increasing 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 falling rates out of Black Sea, increasing rates out of US Gulf otherwise stable rate levels in all other areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged and near to stable rates in all areas and directions except very minor falls out of the Continent.
The European coaster market was today with unchanged activity levels. 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 with minor increasing rates today and the Mediterranean had also very minor increasing rate levels today.
The tanker market was today with slower level of activity. The crude oil tankers were with little slower activity resulting in very minor lower rates in most areas and directions. The product tanker market was today with much slower activity and it resulted in falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
