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 generally the same direction in the entire drybulk market. The capes had a day with quite negative tendency, the panamax size had slight negative tendency, and with the supramax together with the handysize were with very minor negative tendency.
The capesizes had today much slower activity and it resulted in real falling rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had today minor slower activity levels. The supramax tonnage had minor falling rates out of Far East, slight falling rates rates out of North Europe otherwise stable rate levels in all other areas and directions. For the handysize vessels the market was with sliding activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with unchanged activity levels. In the Baltic Sea area or on the Continent the freight rates were unchanged and with stable rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had also very minor increasing rate levels today.
The tanker market was today with little improving level of activity. The crude oil tankers were with little better activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today with better activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
