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 bad news as had a total negative mood for the entire drybulk market. The capes had extreme negative tendency today, the panamax a negative tendency and both the supramax and handysize remains with additionally slight negative tendency.
The capesizes had today a complete falling activity and it resulted in rapid falling rates in almost all areas and directions, but mostly in the Atlantic basin. For the panamax size the activity was again little 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 once again generally little slower activity levels. The supramax tonnage had little slower activity and it resulted in slight falling rate levels in most areas and directions. For the handysize vessels the market was also with further slowing activity, and resulted in more slight falling rates in all areas and directions.
The European coaster market was today with slowing activity levels. In the Baltic Sea area or on the Continent the freight rates were once more with minor falling rates. The freight rates in the Black Sea area were with minor falling rates today and the Mediterranean had also minor falling rate levels today.
The tanker market was with fine level of activity. The crude oil tankers were with fair activity resulting in further minor increasing rates in most areas and directions. The product tanker market was today with fine 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
