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 for the fifth day in a row with exactly same split in the drybulk market activity. The capes and panamax had further good activity, and the supramax and handysize both again with fully unchanged activity.
The capesizes had again good improved activity and therefore the result was with very good increasing rates in almost all areas and directions. For the panamax size the activity was fine and the market reacted with slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had fully unchanged activity levels for both sizes. The supramax tonnage had unchanged activity with completely stable rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.
The European coaster market was today with little improved activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged and stable rates. The freight rates in the Black Sea area were with rapidly 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 little slower activity resulting in very minor falling rates in most areas and directions. The product tanker market was with unchanged activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
