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 with a new situation in parts of the drybulk market. The capesize remains improving tendency, the panamax now have a slowing activity, supramax and handysize had again little improving activity.
The capesize had again improving activity and it resulted in slight increasing rates in almost all areas and directions. For the panamax size the activity was 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 unchanged fine activity levels. The supramax tonnage had good activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in minor increasing rates in most areas and directions.
The European coaster market was today with slow activity level with spot vessels everywhere. In the Baltic Sea area or on the Continent the freight rates were with further falling rates. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with little better level of activity. The crude oil tankers were with little improving activity resulting in unchanged and stable rates in most areas and directions. The product tanker market was today also with little better activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com