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 little better and positive developments in the drybulk market. The capes had minor negative tendency and with the panamax again having a good positive tendency today. The supramax and handysize continue with a fully stable tendency.
The capesizes had today unchanged activity and it resulted once more in minor falling rates in most all areas and directions. For the panamax size the activity was very good and the market reacted with fine increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had for another day unchanged activity levels. The supramax tonnage had again unchanged stable rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in mainly unchanged and stable rates in almost all areas and directions.
The European coaster market was today with little slower activity levels. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were with unchanged and stable rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with improving level of activity. The crude oil tankers were with little better activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with good activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com