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 general slower activity in the entire drybulk market. The capes had again slower activity, the panamax had unchanged activity today, the supramax and handysize both with slowing activity.
The capesizes had slower tendency and slight falling rates in almost all areas and directions. For the panamax size the activity was okay and the market reacted with stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had slower activity levels. The supramax tonnage had slower activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was also with little slower activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with stable rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with good and positive level of activity. The crude oil tankers were with good activity resulting in further 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 on Monday with more freight market news from www.icshipbrokers.com
