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 same split in the drybulk market activity as yesterday. The capes and panamax had better activity, and the supramax and handysize both with unchanged activity.
The capesizes had again better activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was also better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels for both sizes. The supramax tonnage had unchanged activity with fully stable rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted stable rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged low rates. The freight rates in the Black Sea area were also with unchanged low rates and the Mediterranean had again minor falling rate levels today.
The tanker market was today again with little slower level of activity. The crude oil tankers had little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was also with fair activity and it resulted in stable rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
