Freight Market Report 23/01-2025 Presented By IC Shipbrokers

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 more bad news as had a total negative mood for the entire drybulk market. The capes had extreme negative tendency today, the panamax a negative tendency and both the supramax and handysize remains with additionally slight negative tendency.

The capesizes had today a complete falling activity and it resulted in rapid falling rates in almost all areas and directions, but mostly in the Atlantic basin. For the panamax size the activity was again little slower and the market reacted with slight falling rates in almost all areas and directions.