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 in continued negative mood in the entire drybulk market with one exception. The capes had a negative tendency today, the panamax a stable tendency and both the supramax and handysize remains with slight negative tendency.
The capesizes had today sliding activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was better and the market reacted with unchanged and stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had once again slower activity levels. The supramax tonnage had slower activity and had slight falling rate levels in most areas and directions. For the handysize vessels the market was with sliding activity, and resulted in slight falling rates in all areas and directions.
The European coaster market was today with little better activity levels. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with slight increasing rates today and the Mediterranean had also minor increasing rate levels today.
The tanker market was today with generally good level of activity. The crude oil tankers were with good improved activity resulting in increasing rates in most areas and directions. The product tanker market was today also with very good activity and it resulted in fast increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
