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 another split of activity in the drybulk market. The capes had a positive tendency, the panamax and supramax had both a negative tendency today, and the handysize had unchanged activity tendency.
The capesizes had today booming activity and it resulted in top increasing rates in most areas and directions. For the panamax size the activity was again slower and the market reacted with minor falling rates.
For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had little slower activity and with very minor falling rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged rates in all areas and directions.
The European coaster market was today with unchanged slow activity levels. In the Baltic Sea area or on the Continent the freight rates were with further sliding rates. The freight rates in the Black Sea area were with minor falling rates today and the Mediterranean had also falling rate levels today.
The tanker market was today with slower 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 little slower 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