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