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 another change of direction in parts of the drybulk market. The capes with a little negative tendency, panamax with further positive tendency today and the supramax and handysize both again had a stable tendency.
The capesizes had much slower activity and it resulted in mainly stable rates in almost all areas and directions. For the panamax size the activity was again better and the market reacted with slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had with unchanged activity very minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted mainly with unchanged and stable rates in all areas and directions.
The European coaster market was today with slow activity level view the forthcoming long weekend. In the Baltic Sea area or on the Continent the freight rates were again under pressure and had minor falling rates. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had unchanged rates.
The tanker market was today with a split of activity. The crude oil tankers were with further improving activity resulting in slight increasing rates in most areas and directions. The product tanker market was today again with slower activity and it resulted in further falling rate levels from the various loading areas.
We will be back on Tuesday with more freight market news from www.icshipbrokers.com
