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 generally active day in the entire dry bulk market. The capes had further good activity, the panamax marginal slower activity, the supramax and handysize both again with better activity.
The capesizes had again very good activity and therefore the result was with further good increasing rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with very minor falling 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 little improved activity and with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with marginal better activity, and resulted in very minor increasing rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with very minor increasing rates. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had also minor increasing rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers had again fine activity resulting in 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 on Monday with more freight market news from www.icshipbrokers.com
