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 a further repeat of the last three working day activity in the entire drybulk market. The capes had unchanged good activity and the panamax, supramax and handysize all continued with the positive activity.
The capesizes had again good activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was little better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market again had little positive activity levels. The supramax tonnage had okay activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with little improving activity, and resulted in slight increasing rates in all areas and directions.
The European coaster market was today with unchanged but nervous activity level. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with very minor increasing rates and the Mediterranean had unchanged rate levels today.
The tanker market was today with a booming level of activity. The crude oil tankers were with booming activity resulting in top increasing rates in most areas and directions, except still no safe passing of Hormuz. The product tanker market was today with great activity and it resulted in real good increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
