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 in a kind of negative mood in the entire drybulk market. The capes had a very negative tendency today, the panamax with a slight negative tendency, and with the supramax and handysize having a minor negative tendency.
The capesizes had today slow activity and it resulted in real falling rates in all areas and directions. For the panamax size the activity was little slower and the market reacted with slight falling rates in basically all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had very minor falling rate levels in most areas and directions. For the handysize vessels the market was again with sliding activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with completely slow activity levels. In the Baltic Sea area or on the Continent the freight rates were again with slight falling rates. The freight rates in the Black Sea area were also with slight falling rates again today and the Mediterranean had unchanged rate levels today.
The tanker market was today with further slowing level of activity. The crude oil tankers were with sliding activity resulting in slight falling rates in most areas and directions. The product tanker market was today with less 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
