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 much slower activity in the entire drybulk segment, maybe view the forthcoming Posidonia event in Greece. The capes had slower activity, the panamax had little improving activity and the supramax plus the handysize both remained with unchanged activity.
The capesizes had 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 fine and the market reacted with very minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had both unchanged but okay activity levels. The supramax tonnage had unchanged activity with stable rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in further very minor increasing rates in all areas and directions.
The European coaster market was today with fully slow activity level. In the Baltic Sea area or on the Continent the freight rates were again with falling rates. The freight rates in the Black Sea area were with slight falling rates and the Mediterranean had also slight falling rate levels today.
The tanker market was today with much slower level of activity, again maybe due to all parties heading towards Greece. The crude oil tankers had slower activity resulting in slight falling rates in most areas and directions. The product tanker market was also with slowing activity and it resulted also in slight falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
