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 situation of the split in the drybulk market. The capesize had more slowing tendency, the panamax further sliding tendency, the supramax had unchanged tendency and the handysize had further improving activity.
The capesize had much slower activity and it resulted in real falling rates in almost all areas and directions. For the panamax size the activity was unchanged slow and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had okay activity with near to stable rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in further minor increasing rates in most areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with stable rates again. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had again stable rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers were with unchanged activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today with little better activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
