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 a further continued negative mood in the entire drybulk market and again with one exception. The capes had a negative tendency again today, the panamax a stable tendency and both the supramax and handysize remains with additionally slight negative tendency.
The capesizes had today sliding activity and it resulted in slight falling rates in almost all areas and directions, but mostly in the Atlantic basin. For the panamax size the activity was unchanged 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 slow activity and it resulted in 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 fair 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 minor increasing rates today and the Mediterranean had very minor increasing rate levels today.
The tanker market was today with quite good level of activity. The crude oil tankers were with further good improved activity resulting in further increasing rates in most areas and directions. The product tanker market was today again with very good activity and it resulted in good increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
