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 a full copy of the last three days in the dry bulk market. The capes and panamax had little slower activity, the supramax and handysize both again with little improved activity.
The capesize had today slowing activity and therefore the result was with minor falling rates in almost all areas and directions. For the panamax size the activity was again 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 little positive activity levels. The supramax tonnage had little better activity and with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with further marginal better activity, and resulted in minor increasing rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with very minor increasing levels. The freight rates in the Black Sea area were with further slight increasing rates and the Mediterranean had again minor better rate levels.
The tanker market was today again with a mixed level of activity. The crude oil tankers had slower activity resulting in slight falling rates in most areas and directions. The product tanker market was with fine activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
