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 similar like yesterday split of activity in parts the drybulk market. The capes had again better activity, the panamax with unchanged activity, and both the supramax and handysize had further slowing activity.
The capesizes had today again better activity and therefore the result was further slight increasing rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with very marginal increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market slower activity levels. The supramax tonnage had little slowing activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was also with slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with little slowing activity level. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates due to more open vessels in the area. The freight rates in the Black Sea area were with unchanged rates and the Mediterranean had minor increasing rate levels today.
The tanker market was today with slower level of activity. The crude oil tankers were with little slower activity resulting in slight falling rates in most areas and directions. The product tanker market was today also with slowing activity and it resulted in slight falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
