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 similar general activity in the entire drybulk market as yesterday. The capes had a negative tendency today, and with the panamax, supramax and handysize basically all having unchanged activity tendency.
The capesizes had today slower activity and it resulted in falling rates in most areas and directions. For the panamax size the activity was fair but the market reacted with unchanged rates.
For the supramax and handysize dry cargo tonnage the market had stable and unchanged activity levels. The supramax tonnage had fine activity and with unchanged or marginal increasing rate levels in most areas and directions. For the handysize vessels the market was with unchanged activity, and resulted also in unchanged rates in all areas and directions.
The European coaster market was today with unchanged slower activity levels. In the Baltic Sea area or on the Continent the freight rates were again with minor sliding rates. The freight rates in the Black Sea area were with very minor increasing rates today and the Mediterranean had once again unchanged rate levels today.
The tanker market was today with little slower level of activity. The crude oil tankers were with little slower activity resulting in very minor falling rates in most areas and directions. The product tanker market was today with little slower activity and it resulted in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
