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 today was a copy of yesterday in the entire dry bulk market. The capes had again little slower activity, the panamax and supramax both with further improved activity, and the handysize with lillte slower activity.
The capesizes had today little slower activity and therefore the result was minor falling rates in almost all areas and directions. For the panamax size the activity was little better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market today had again different activity levels. The supramax tonnage had better activity and with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with little slowing activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with much slower activity level. In the Baltic Sea area or on the Continent the freight rates were with slight falling levels with a lot of spot vessels. The freight rates in the Black Sea area were again with minor falling rates and the Mediterranean had slight falling rate levels.
The tanker market was today again with a mix level of activity. The crude oil tankers had good activity resulting in slight increasing rates in most areas and directions. The product tanker market was with unchanged balanced activity and it resulted in further marginal falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
