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 today was almost a copy of the market of yesterday in the dry bulk market. The capes had again slowing activity, the panamax, supramax and handysize all with unchanged activity.
The capesizes had again slower activity and therefore the result was with further falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market today had again unchanged activity levels for both sizes. The supramax tonnage had unchanged activity and marginal increasing rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted also in stable rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were stable despite again many prompt open vessels. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had unchanged rate levels.
The tanker market was today again with a further good level of activity. The crude oil tankers had good activity resulting in further good increasing rates in most areas and directions. The product tanker market was with unchanged activity and it resulted also in unchanged rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
