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 generally little slower activity in the entire drybulk market. The capes and panamaxes had a minor negative tendency today, the supramax and the handysize were with a more or less stable tendency.
The capesizes had today little slower activity and it resulted in very minor falling rates in most areas and directions, except little increases in the Pacific bassin. For the panamax size the activity was also little slower and the market reacted with very minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged okay activity levels. The supramax tonnage had unchanged and mainly stable rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and mainly stable rates in all areas and directions.
The European coaster market was today with okay activity levels. In the Baltic Sea area or on the Continent the freight rates were unchanged and stable, despite the stormy and windy days behind us. The freight rates in the Black Sea area were with minor improving rates today and the Mediterranean had also minor increasing rate levels today.
The tanker market was today back from the weekend with iimproving level of activity. The crude oil tankers were still with little improved activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today with very good activity and it resulted in further increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
