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 was a true copy of the last four working days in the drybulk market. The capes had little slowing activity, the panamax again little slower activity, and the supramax plus the handysize both remained with unchanged positive activity.
The capesizes had little slowing activity and therefore the result was again slight falling rates in almost all areas and directions. For the panamax size the activity was again little slower like on Friday and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged fair activity levels. The supramax tonnage had near to unchanged activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with unchanged activity, and resulted in fully stable rates in all areas and directions.
The European coaster market was today with balanced activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with very minor falling rates and the Mediterranean had again unchanged rate levels today.
The tanker market was today with better level of activity. The crude oil tankers had little improving activity resulting in very minor increasing rates in most areas and directions. The product tanker market was with little slower activity and it resulted in very minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
