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 in general slower activity modus in the entire drybulk market. The capes had a very negative tendency today, the panamax size is back to slight negative tendency again, with the supramax continue with minor negative activity tendency, and the handysize were again with a fully stable tendency.
The capesizes had today much slower activity and it resulted in real falling 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 again unchanged activity levels. The supramax tonnage had again minor falling rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged and stable rates in all areas and directions except a minor fall out of US Gulf.
The European coaster market was today with slower activity levels. In the Baltic Sea area or on the Continent the freight rates were back with slight falling rates and many spot/prompt open vessels. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had also minor falling rate levels today.
The tanker market was today with renewed level of activity. The crude oil tankers were with better activity resulting now in minor increasing rates in most areas and directions. The product tanker market was today also with better 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
