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 a 50/50 activity situation in the drybulk market. The capes had little better activity, the panamax again with little better activity, and the supramax and handysize both again with further slower activity.
The capesizes had little better activity and therefore the result was minor increasing rates in almost all areas and directions. For the panamax size the activity was also little better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had both again little slower activity levels. The supramax tonnage had little slower activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was also with little slower activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with unchanged fair activity level. In the Baltic Sea area or on the Continent the freight rates were unchanged. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had unchanged rate levels today.
The tanker market was today once more with a little slower level of activity. The crude oil tankers were with slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today with slowing activity and it resulted 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
