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 sudden surprising change in the drybulk market. The capes had another negative tendency today, but the panamax size bounced back with a slight positive tendency, and with the supramax and handysize continue with a very minor negative activity tendency.
The capesizes had today even more slowing activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was much better and the market reacted with minor increasing rates in mainly Far East and South East Asia areas.
For the supramax and handysize dry cargo tonnage the market had again unchanged slower activity levels. The supramax tonnage had fair activity but with very minor falling rate levels in most areas and directions. For the handysize vessels the market was with unchanged activity, and resulted in very minor falling rates in all areas and directions.
The European coaster market was today with continued slow activity levels. 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 increasing rate levels today.
The tanker market was today with further slowing level of activity. The crude oil tankers were with slower activity resulting in slight falling rates in most areas and directions. The product tanker market was today also with slower activity and it resulted also in slight falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
