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.
It was a day with okay activity in the entire dry cargo segment, but with different outcome for various sizes.
The capesizes today bounced back with good activity. The rates were with good increases in Continent and Fareast positions, and with the other areas also having slight increases. For the panamax size it was another day with less activity and the result was slightly falling rates in all areas and directions.
The market for the supramax and handysize dry cargo tonnage today was quite stable. The supramax tonnage in US Gulf was once more with good improving rates, but it remained with stable rates in all other areas and directions. For the handysize segment the market was today with little mixed rates but in general a stable unchanged situation.
The European coaster market was again today with fine activity for all sizes. In the Baltic Sea area or on the Continent the freight rates were once more stable without any major changes. The freight rates in the Black Sea area also remained stable today and the Mediterranean today had little increasing freight levels.
The tanker market was again with good increased activity today. The crude oil tankers had once more fine increasing freight rate levels in most areas and directions. For the product tanker market, it had today also little increased rate levels from the various loading areas, so the market is keeping the positive tones.
We will be back tomorrow with more freight market news from IC Shipbrokers.com
