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 kind of wait and see situation in the entire drybulk market. The capes and panamax had unchanged activity, the supramax and handysize both had okay activity.
The capesizes had little improving activity and therefore very minor increasing rates in almost all areas and directions. For the panamax size the activity was slower and the market reacted with unchanged rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had both still fair activity levels. The supramax tonnage had little improving activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with unchanged activity, and resulted in stable rates in all areas and directions.
The European coaster market was today with slow activity level. In the Baltic Sea area or on the Continent the freight rates were with minor increasing rates. The freight rates in the Black Sea area were again with increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with a slowdown in level of activity. The crude oil tankers were with fair activity resulting in stable rates in most areas and directions. The product tanker market was today with unchanged activity and it resulted also in stable rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
