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 as the previous days with further negative development in some parts of the drybulk market. The capes and panamax both again had slower activity, and supramax plus handysize again with little positive activity.
The capesizes had little slower activity and therefore slight falling rates in almost all areas and directions. For the panamax size the activity was little slower too 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 further little positive activity levels. The supramax tonnage had little better activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with unchanged positive activity, and resulted also in very minor increasing rates in all areas and directions.
The European coaster market was today with slowing activity level, and quite a number of open vessels in many areas. 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 further minor increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers were again with little better activity resulting in slight increasing rates in most areas and directions. The product tanker market was today also with unchanged activity and it resulted in fully stable rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
