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 new changes in the activity levels in the entire drybulk market. The capes had a little positive tendency today, the panamax size remained with negative tendency today, with the supramax continue the stable activity tendency, and the handysize were today with slight negative tendency.
The capesizes had today improved activity and it resulted in minor improving rates in almost all areas and directions, but mostly in the Pacific basin. For the panamax size the activity was again under pressure 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 little slower activity levels. The supramax tonnage had more or less stable rate levels in most areas and directions. For the handysize vessels the market was with slower activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with very slow activity levels view the pre-Xmas week ahead. In the Baltic Sea area or on the Continent the freight rates were again stable but with many open vessels next week. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had also minor falling rate levels today.
The tanker market was today again with quite fine level of activity. The crude oil tankers were with further slight improving activity resulting in further slight increasing rates in most areas and directions. The product tanker market was today again with good activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
