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 little negative mood in the entire drybulk market. The capes had a little negative tendency today, the panamax had a minor negative tendency, and with the supramax and handysize now both having very minor negative tendency.
The capesizes had today again a sliding activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was also 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 minor slower activity levels. The supramax tonnage had basically minor lower rate levels in most areas and directions, except for slight higher rates out of the US Gulf. For the handysize vessels the market was with okay activity, and resulted in mainly unchanged and stable rates in all areas and directions.
The European coaster market was today with little better 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 slight increasing rates today and the Mediterranean had also minor increasing rate levels today.
The tanker market was today with fair level of activity. The crude oil tankers were with slight improved activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today also with fine activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
