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 with fine jolly Friday activity in the entire drybulk market. The capes and panamax had a positive tendency today, and with the supramax and handysize having a minor negative tendency.
The capesizes had today much better activity and it resulted in minor increasing rates in most areas and directions. For the panamax size the activity was again fine 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 little slower activity levels. The supramax tonnage had very minor falling rate levels in most areas and directions. For the handysize vessels the market was again with sliding activity, and resulted in minor falling rates in all areas and directions.
The European coaster market was today with slow activity levels view the Xmas holidays upcoming. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates. The freight rates in the Black Sea area were with slight falling rates again today and the Mediterranean had also minor falling rate levels today.
The tanker market was today with little slower level of activity. The crude oil tankers were with sliding activity resulting in minor falling rates in most areas and directions. The product tanker market was today with less activity and it resulted in slight falling rate levels from the various loading areas.
We will be back with more freight market news from www.icshipbrokers.com
