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 similar to end of last week with continued negative mood in the entire drybulk market. The capes continue the negative tendency today, the panamax almost a stable tendency, and both the supramax and handysize remains with minor negative tendency.
The capesizes had today further sliding activity and it resulted also in slight falling rates in almost all areas and directions. For the panamax size the activity was little better and the market reacted with almost unchanged and stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had slower activity and had therefore minor falling rate levels in most areas and directions. For the handysize vessels the market was slow activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with little slower activity levels. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with slight increasing rates today and the Mediterranean had also minor increasing rate levels today.
The tanker market was today with fair level of activity. The crude oil tankers were with fine activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with okay activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
