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