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