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 the same mixture of different drybulk market activity as on Friday. The capes had again little better activity, the panamax little slower activity, the supramax with very marginal better activity and handysize with unchanged activity.
The capesizes had further improved activity and therefore the result was with very minor increasing 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 for both sizes. The supramax tonnage had marginal improved 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 kind of slower activity level. In the Baltic Sea area or on the Continent the freight rates were with very minor falling rates. The freight rates in the Black Sea area were with stable rates and the Mediterranean had very minor falling rate levels today.
The tanker market was today with same level of activity like on Friday. The crude oil tankers had marginal better activity resulting in minor increasing rates in most areas and directions. The product tanker market was with marginal slowing activity and it resulted again in very minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
