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 today was again with a litte negative activity development in the dry bulk market. The capes and panamax both with further slowing activity, the supramax and handysize both with unchanged activity.
The capesizes had today again a little slower activity and therefore the result was with further minor falling rates in almost all areas and directions. For the panamax size the activity was also again slowing 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 today had unchanged activity levels. The supramax tonnage had unchanged activity and with stable rate levels in most areas and directions. For the handysize vessels the market was also again with unchanged activity, and resulted in completely stable rates in all areas and directions.
The European coaster market was today again with better activity level. In the Baltic Sea area or on the Continent the freight rates were with minor improving levels. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had very minor increasing rate levels.
The tanker market was again today with a mixed level of activity. The crude oil tankers had again unchanged activity resulting in almost stable rates in most areas and directions. The product tanker market was with fine 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
