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 same situation or direction in the entire drybulk market as yesterday. The capes had a day with further negative tendency, the panamax size had again slight negative tendency, and both the supramax and the handysize had a balanced tendency.
The capesizes had today again a day with much slower activity and it resulted in further real falling rates in almost all areas and directions. For the panamax size the activity was once more little slower and the market reacted with more slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had today fully balanced activity levels. The supramax tonnage had mainly stable rate levels in most areas and directions, except slight increasing rates out of the US Gulf. For the handysize vessels the market was with sliding activity, and resulted in very 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 very minor increasing rates today and the Mediterranean had unchanged and stable 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 again with better activity and it resulted in good increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
