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 again a copy of this week’s activity in the entire drybulk market. The capes had a good positive tendency today, the panamax size remained more or less balanced again, with the supramax continue with minor negative activity tendency, and the handysize were again with a fully stable tendency.
The capesizes had today good activity and it resulted in improving rates in almost all areas and directions. For the panamax size the activity was again unchanged and the market reacted with more or less unchanged and stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had again minor falling rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged and stable rates in all areas and directions.
The European coaster market was today with too slow activity levels. In the Baltic Sea area or on the Continent the freight rates were again with slight falling rates and many spot open vessels. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had also slight falling rate levels today.
The tanker market was today with quite slow Friday level of activity. The crude oil tankers were with further slow activity resulting also in slight falling rates in most areas and directions. The product tanker market was today with slower activity and it resulted in slight falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
