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 a total negative mood for the entire drybulk market. The capes had a negative tendency today, the panamax also little negative tendency and both the supramax and handysize remains with additionally slight negative tendency, so all in all negative situation.
The capesizes had today again a sliding activity and it resulted in slight falling rates in almost all areas and directions, but mostly in the Atlantic basin. 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 once again generally little slower activity levels. The supramax tonnage had slower activity and it resulted in slight falling rate levels in most areas and directions, with the rates out of US Gulf having real falls. For the handysize vessels the market was with further sliding activity, and resulted in more slight falling rates in all areas and directions.
The European coaster market was today with slower activity levels. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were with minor falling rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with quite good level of activity. The crude oil tankers were with further good improved activity resulting in further slight increasing rates in most areas and directions. The product tanker market was today again with good activity and it resulted in fine increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
