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 near copy of yesterday for the situation of the drybulk market. The capes had negative activity tendency today, the panamax with positive activity and with the supramax and the handysize both with unchanged activity.
The capesizes had a slow activity and it resulted in falling rates in almost all areas and directions. For the panamax size the activity was good and the market reacted with slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged positive activity levels. The supramax tonnage had fine activity with further minor increasing rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged rates in all areas and directions.
The European coaster market was today with generally slow activity level. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates and next week many open vessels already circulated. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with slowing level of activity. The crude oil tankers were with little slower activity resulting in unchanged rates in most areas and directions. The product tanker market was today slower activity and it resulted in minor falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
