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 one up and three down in the drybulk market. The capes had good activity, panamax again slower activity, and the supramax plus the handysize both remained with unchanged but slower activity.
The capesizes had good improving activity and therefore the result was slight increasing rates in almost all areas and directions. For the panamax size the activity was slower and the market reacted with slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had both unchanged activity levels. The supramax tonnage had unchanged activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in near to stable rates in all areas and directions.
The European coaster market was today with further slowing activity level. 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 falling rates and the Mediterranean had very minor falling rate levels today.
The tanker market was today with further slowing level of activity. The crude oil tankers had slow activity resulting in minor falling rates in most areas and directions. The product tanker market was also with slower activity and it resulted also in minor falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
