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 a further slowing activity resulting in a split in the drybulk market. The capes and panamax had slow activity, the supramax and handysize both with little slower activity.
The capesizes had today slow activity and therefore the result was with slight falling rates in almost all areas and directions. For the panamax size the activity was also slow 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 again little slower activity levels. The supramax tonnage had again little slower activity with very marginal falling rate levels in most areas and directions. For the handysize vessels the market was again with little slower activity, and resulted also again in very minor falling rates in all areas and directions.
The European coaster market was today with slower 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 unchanged and stable rates and the Mediterranean had minor falling rate levels today.
The tanker market was today with improved level of activity. The crude oil tankers were with better activity resulting in slight increasing rates in most areas and directions. The product tanker market was today also with improving activity and it resulted in good increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
