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 sudden positively surprising change in most parts of the drybulk market. The capes unfortunately had another negative tendency today, but the panamax size bounced back with a great positive tendency, and with the supramax and handysize continue with a very minor positive activity tendency.
The capesizes had today slow activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was much better and the market reacted with real increasing rates in all areas and directions.
For the supramax and handysize dry cargo tonnage the market had improving activity levels. The supramax tonnage had good activity and now with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with improving activity, and it resulted in very minor increasing rates in all areas and directions.
The European coaster market was today with continued slow 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 falling rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with further improving level of activity. The crude oil tankers were with fair activity resulting in minor increasing rates in most areas and directions. The product tanker market was today also with better activity and it resulted also in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
