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 one down and three up in the drybulk market. The capes had again slowing activity, the panamax , supramax plus the handysize all having all better activity.
The capesizes had slower activity and therefore the result was further slight falling rates in almost all areas and directions. For the panamax size the activity was 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 again better activity levels. The supramax tonnage had little better activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with little better activity, and resulted in minor increasing rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean had very minor falling rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers had unchanged activity resulting in very minor falling rates in most areas and directions. The product tanker market was also with little slower activity again and it resulted in marginal falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
