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 kind of still stand situation in the entire drybulk market view the end of Ramadan. The capes had a little slower tendency today, and with the panamax still having a little positive trend, the supramax and handysize both has a stable activity tendency.
The capesizes had today little slowing activity and it resulted in very minor falling rates in most areas and directions. For the panamax size the activity was fine and the market reacted with minor increasing rates.
For the supramax and handysize dry cargo tonnage the market had stable and unchanged activity levels. The supramax tonnage had fair activity and with 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 fair activity levels. In the Baltic Sea area or on the Continent the freight rates were with very minor increasing rates. The freight rates in the Black Sea area were with minor falling rates today and the Mediterranean also had minor falling rate levels today.
The tanker market was today with a split in the level of activity. The crude oil tankers were with good improving activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with slowing activity and it resulted in slight falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
