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