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 more negative news and continued negative mood in the entire drybulk market. The capes, panamax and supramax sizes continue the negative tendency today, and handysize remains with minor negative tendency.
The capesizes had today further slowing activity and it resulted also in further slight falling rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted also with slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had slower activity levels too. The supramax tonnage had slower activity and had therefore slight falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, but it resulted in minor falling rates in all areas and directions.
The European coaster market was today with slow activity levels and many spot vessels. 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 slight increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with okay 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 good 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
