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 one up, two stable and one down in the drybulk market. The capes had fine activity, the panamax and supramax good activity and the handysize little slower activity.
The capesizes had better activity and therefore the result was further slight increasing rates in almost all areas and directions. For the panamax size the activity was marginal better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had unchanged activity with stable rate levels in most areas and directions. For the handysize vessels the market was with little slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with very minor falling rates. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean had again very minor falling rate levels today.
The tanker market was today with unchanged slow level of activity. The crude oil tankers had unchanged slower activity resulting in slight falling rates in most areas and directions. The product tanker market was also with slow activity and it resulted in further falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
