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 another day with good activity in the dry cargo segment, and again with good positive outcome for all the various sizes.
The capesizes today had a good day with positive signs once more. The rates in all areas and in all directions were with further increases. For the panamax size it was also like the capesizes with a positive tendency, but with even higher increasing rates in all areas and directions, so situation remain with more positive news for the large bulkers.
The market for the supramax and handysize dry cargo tonnage also continued also the very positive trend today. The supramax tonnage in West Africa or in the Far East or South East Asia region was once again with good improving rates, but also increases in all other areas and directions. For the handysize segment the market was today with good increasing rates in all areas and directions but with the South East Asia and Far East area having most activity, so the smaller bulkers also continue the positive tendency.
The European coaster market was today with slightly slower activity again for most sizes. In the Baltic Sea area or on the Continent the freight rates are again under slight pressure going little down. The freight rates in the Black Sea area had little increasing rates and the Mediterranean again today had stable rates.
The tanker market was again with fine activity today. The crude oil tankers had again slightly increased freight rate levels in most areas and directions. For the product tanker market, the day was a little slower once again and had slightly fallen rate levels from the various loading areas.
We will be back tomorrow with a new freight market report / shipping news from IC Shipbrokers.com