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 again in a general slower activity modus in basically the entire drybulk market. The capes had another negative tendency today, the panamax size continue with a slight negative tendency, and with the supramax and handysize continue now also with a slight negative activity tendency.
The capesizes had today little slower activity and it resulted in minor 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 had again unchanged slower activity levels. The supramax tonnage had okay activity but with slight falling rate levels in most areas and directions. For the handysize vessels the market was with unchanged fair activity, and resulted in slight falling rates in all areas and directions.
The European coaster market was today with continued slow activity levels. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were again with unchanged rates today and the Mediterranean had minor increasing rate levels today.
The tanker market was today with further increasing level of activity. The crude oil tankers were with better activity resulting now in further minor increasing rates in most areas and directions. The product tanker market was today also with much better activity and it resulted also in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
