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 general slower activity modus in the entire drybulk market. The capes had a very negative tendency today, the panamax size is back to slight positive tendency again, with the supramax continue with unchanged activity tendency, and the handysize were again with a minor negative 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 better and the market reacted with minor falling rates in Far East and Pacific area but with slight increasing rates in the Atlantic basin.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had fully balanced situation with unchanged and stable rate levels in most areas and directions. For the handysize vessels the market was with little slower activity, and resulted in minor falling rates in all areas and directions except a minor fall out of US Gulf.
The European coaster market was today with slower activity levels view the Xmas holidays basically starting tomorrow PM. In the Baltic Sea area or on the Continent the freight rates were back with slight falling rates and many spot/prompt open vessels appeared. 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 fair level of activity. The crude oil tankers were with balanced activity resulting in unchanged rates in most areas and directions. The product tanker market was today with okay activity and it resulted in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
