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