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 kind of slower activity in the entire drybulk market. The capes had slowing activity, the panamax, supramax and handysize all having unchanged activity.
The capesizes had now slower activity and therefore the result was slight falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had marginal better activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged low rates. The freight rates in the Black Sea area were again with very minor falling rates and the Mediterranean had also again minor falling rate levels today.
The tanker market was today with much better level of activity. The crude oil tankers had good improved activity resulting in fine increasing rates in most areas and directions. The product tanker market was also with better activity and with slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
