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 kind of undecided situation of the drybulk market. The capes had little slower activity, the panamax again with little better activity, but the supramax and handysize both again with further slowing activity.
The capesizes had little slower activity and therefore the result was minor falling rates in almost all areas and directions. For the panamax size the activity was again a 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 for both sizes again little slower activity levels. The supramax tonnage had little slowing activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was again with little slower activity, and resulted once again in very minor falling rates in all areas and directions.
The European coaster market was today with little slower activity level. In the Baltic Sea area or on the Continent the freight rates were unchanged but with increasing number of open vessels. The freight rates in the Black Sea area were with further minor increasing rates and the Mediterranean had again unchanged rate levels today.
The tanker market was today with better level of activity. The crude oil tankers were with improving activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with unchanged fair activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
