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 more active in most parts of the drybulk market. The capes and panamax had a positive tendency today, with the supramax continue with minor negative activity tendency, and the handysize were now also seeing a minor negative tendency.
The capesizes had today very good activity and it resulted in improving rates in almost all areas and directions, but mostly in the Continent area. For the panamax size the activity was little improving and the market reacted with minor increasing 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 again minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, but resulted in minor falling rates in most areas and directions, except minor increasing rates out of the Continent or Mediterranean.
The European coaster market was today with slower activity levels. In the Baltic Sea area or on the Continent the freight rates were again back with slight falling rates and many spot/prompt open vessels. The freight rates in the Black Sea area were also with slight falling rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today again with slow level of activity. The crude oil tankers were with slow activity resulting in minor falling rates in most areas and directions. The product tanker market was today again also with little slow activity and it resulted in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
