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 slower general situation of the entire drybulk market. The capes had okay but slower than this week activity tendency today, the panamax with negative activity and with the supramax and the handysize both with unchanged activity.
The capesizes had little slower activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was 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 okay activity with further minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged rates in all areas and directions.
The European coaster market was today with slow activity level view the peak of the summer holidays all around. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor falling rate levels today.
The tanker market was today with fine level of activity. The crude oil tankers were with marginal slower activity resulting in very minor falling rates in most areas and directions. The product tanker market was today with 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
