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