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