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 renewed good activity in the larger size drybulk market, and also with unchanged activity levels for the rest of the drybulk market. The capes had a change in the tendency today with improved action. The panamax size remained balanced, with the supramax continue with minor negative activity tendency, and the handysize were again with a stable tendency.
The capesizes had today good activity and it resulted in improving rates in almost all areas and directions, but mostly in the Pacific Bassin. 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 further slow activity. In the Baltic Sea area or on the Continent the freight rates were again with minor falling rates. The freight rates in the Black Sea area were with slight improving rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today again with slower level of activity. The crude oil tankers were with further slowing activity resulting again in slight falling rates in most areas and directions. The product tanker market was today again with unchanged activity and it resulted in very minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
