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 almost similar general activity in the entire drybulk market as the last two days. The capes had again a negative tendency today, and with the panamax, supramax and handysize basically all having unchanged activity tendency.
The capesizes had today very slow activity and it resulted in real falling rates in most areas and directions. For the panamax size the activity was fair and 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 minor increasing rate levels in many 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 slow activity levels. In the Baltic Sea area or on the Continent the freight rates were with falling rates. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had slight falling rate levels today.
The tanker market was today with much slower level of activity. The crude oil tankers were with slower activity resulting in slight falling rates in most areas and directions. The product tanker market was today also with slow activity and it resulted in falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
