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 wason this Friday not only with less Friday activity but also with a more general negative mood for the entire drybulk market. The capes had more bad negative tendency today, the panamax also further negative tendency and both the supramax and handysize remains with slight negative tendency.
The capesizes had today more slowing activity and it resulted in more real falling rates in almost all areas and directions, but again mostly in the Atlantic basin. For the panamax size the activity was again slower and the market reacted with generally falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had 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 with unchanged activity, and resulted in only very minor falling rates in all areas and directions.
The European coaster market was today with slow activity levels. In the Baltic Sea area or on the Continent the freight rates were once more with minor falling rates, and the market at a still stand view the huge storm passing Ireland/Uk and Northsea direction Norway just now. 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 with okay level of activity. The crude oil tankers were with okay activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today with fine activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
