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 true copy of yesterday having a slower activity in the entire drybulk market. The capes had slow activity, the panamax, supramax and handysize all having unchanged sliding activity.
The capesizes had now much slower activity and therefore the result was more than slight falling rates in almost all areas and directions. For the panamax size the activity was little 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 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 stable rates in all areas and directions.
The European coaster market was today with real slow activity level. 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 minor falling rates and the Mediterranean had minor falling rate levels today.
The tanker market was today with good level of activity. The crude oil tankers had further very good improved activity resulting in good increasing rates in most areas and directions. The product tanker market was again with much better activity and with fine increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
