Daily IC Shipbrokers Freight Market Report

IC Shipbrokers gives you an insight in today’s freight market and an update with the latest freight market indications. It was a very busy day in the dry cargo segment today, and some positive tendencies in the bulk tonnage segment surfacing.

The capesizes were today having good or even very good rate increased in most areas and especially ex Continent, except for employments within Australia or South East Asia or Pacific basin employments where the rates were little negative. For the panamax size it was a further day with little increasing rates out of the Continent or Mediterranean or US Gulf positions for Atlantic directions, but with some rate falls in all other areas and directions today.

The market for the supramax and handysize dry cargo tonnage once again was with general stable or little increasing rates in some areas and sizes. The market for the supramax tonnage getting open in US Gulf was again today with very good improved higher rates, West Africa also with improving rates but with all other areas having a further day with little falling or stable rate levels in all directions. For the handysize segment the market in US Gulf was again with little positive tendency today, but with all other areas being either stable or in some cases going into negative falling rates.

The European coaster market was today with little more activity in most areas. In the Baltic Sea area or on the Continent the market was having a balanced cargo and vessel availability so the result was today again with stable rates. The freight rates in the Mediterranean or Black Sea areas were with little increasing rate levels in the entire area for all sizes, but also some prompt open vessels appeared now.

The tanker market was today with new fresh activity for all sizes. The crude oil tankers are again back in little increasing or stable rate levels from most loading areas, although tendency looks a little more positive than the last week. For the product tankers the market was once more with increased activity and the result was for a further day with good increasing rates levels.

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