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