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 today was another active day in the entire dry bulk market. The capes had again a very good activity, the panamax further improved activity, the supramax and handysize both again with better activity too.
The capesizes had again much better activity and therefore the result was with good increasing rates in almost all areas and directions. For the panamax size the activity was again better and the market reacted with further slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market today also had little better activity levels for both sizes. The supramax tonnage had improved activity and with minor increasing rate levels in most areas and directions. For the handysize vessels the market was again with little better activity, and resulted in minor increasing rates in all areas and directions.
The European coaster market was today with little better activity level. In the Baltic Sea area or on the Continent the freight rates were with minor increasing rates view the start of the rainy and windy season. The freight rates in the Black Sea area were with slight increasing rates and the Mediterranean had very minor increasing rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers had unchanged activity resulting in very minor increasing rates in most areas and directions. The product tanker market was also with unchanged activity and it resulted in stable rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
