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 general slower activity in the entire drybulk market. The capes had now slower activity, the panamax and supramax little slower activity and the handysize had unchanged activity.
The capesizes had slowing activity and therefore the result was minor falling rates in almost all areas and directions. For the panamax size the activity was again little slower and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged 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 with unchanged activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with general slow activity level. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with slight falling rates and the Mediterranean had unchanged and stable rate levels today.
The tanker market was today with very good level of activity. The crude oil tankers had improving activity resulting in good increasing rates in most areas and directions. The product tanker market was also with much better activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
