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 directions in the various sizes of the drybulk market. The capes had a day with stable tendency, the panamax size had aagain a positive tendency, and the supramax and the handysize were one further day with a fully stable tendency.
The capesizes had today unchanged activity and it resulted in balanced and stable rates in almost all areas and directions. For the panamax size the activity was again quite fine and the market reacted with more slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged fair activity levels. The supramax tonnage had again slight falling rates out of Black Sea, Mediterranean and Continent positions, but fully stable rate levels in all other areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and near to stable rates in all areas and directions except further very minor falls out of South East Asia.
The European coaster market was today with basically unchanged fair activity levels. In the Baltic Sea area or on the Continent the freight rates were with stable and unchanged rates. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had minor increasing rate levels again today.
The tanker market was today with unchanged poor level of activity. The crude oil tankers were with balanced activity resulting in very minor lower rates in most areas and directions. The product tanker market was today with quite slow activity and it resulted in further falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
