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 general wait and see mode in the entire drybulk market. The capes had a balanced tendency today, the panamax size remains with slight positive tendency, with the supramax and the handysize kept the fully stable tendency again.
The capesizes had today unchanged activity and it resulted in stable 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 had once again unchanged activity levels. The supramax tonnage had basically unchanged rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable 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 back with minor falling rates and many spot/prompt open vessels. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had also minor falling rate levels today.
The tanker market was today with renewed level of activity. The crude oil tankers were with better activity resulting now in minor increasing rates in most areas and directions. The product tanker market was today also with better activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
