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 almost a copy of yesterday in the entire drybulk market. The capes had again little slower activity, the panamax and supramax with slowing activity but the handysize only with little slower activity.
The capesizes had slowing activity and therefore very minor falling rates in almost all areas and directions. For the panamax size the activity was slower and the market reacted with further falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had further slow activity levels. The supramax tonnage had slow activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was unchanged activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with slow activity level and many open vessels. In the Baltic Sea area or on the Continent the freight rates were with falling rates. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had also again minor falling rate levels today.
The tanker market was today with little improving level of activity. The crude oil tankers were with little better activity resulting in minor increasing rates in most areas and directions. The product tanker market was today also with better activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
