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 fine activity level in the entire drybulk market, resulting in stable and unchanged market tendency in basically all sizes.
The capesizes had today a fine activity and it resulted in increasing rates in the Far East or Pacific basin, but with slight falls out of the Continent or Mediterranean. For the panamax size the activity was fair and the market therefore was with unchanged rate levels.
For the supramax and handysize dry cargo tonnage the market today had fair activity levels. The supramax tonnage had today unchanged rates in most areas or directions, except slight falls out of the Black Sea. For the handysize vessels the market was with fine activity, and resulted in stable rates in most areas and directions.
The European coaster market was today with little slower activity view the 1st of May celebrations. In the Baltic Sea area or on the Continent the freight rates were with stable and in some cases, slight falling rate levels. The freight rates in the Black Sea area were with some minor falling rates today and the Mediterranean had also smaller fallen rates today.
The tanker market was today having a fair amount of activity. The crude oil tankers were with fair activity resulting in marginal increasing rate levels in most areas and directions. The product tanker market was today with good activity and it resulted in stable rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
