IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight into today’s freight market and an update with the latest freight market indications.
The market today saw further changes in direction in some parts of the drybulk market. The capesize segment showed a fantastic improving trend, the panamax and supramax segments both had slower trends, and the handysize segment saw unchanged activity.
The capesize segment experienced bombastic improving activity, resulting in significant rate increases in almost all areas and directions. For the panamax size, activity was again slightly slower, and the market reacted with slight rate declines in nearly all areas and directions.
For the supramax and handysize dry cargo tonnage, the market saw further slowing activity levels. The supramax tonnage had slower activity with slight rate declines in most areas and directions. For the handysize vessels, the market showed fair activity, resulting in unchanged rates in most areas and directions.
The European coaster market today maintained an unchanged slow activity level. In the Baltic Sea area and on the Continent, freight rates remained stable but low. Freight rates in the Black Sea area were unchanged today, while the Mediterranean saw minor rate declines.
The tanker market today showed near-unchanged activity levels. Crude oil tankers had slightly sliding activity, resulting again in very minor rate declines in most areas and directions. The product tanker market today had fine activity, leading to slight rate increases from various loading areas.
We will be back tomorrow with more freight market news from
