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 some direction changes in parts of the drybulk market. The capes had again a very positive tendency today, the panamax has very minornegative tendency, and with both the supramax and handysize in almost balanced situation.
The capesizes had today again a very positive and improving activity and it resulted in top increasing rates in almost all areas and directions. For the panamax size the activity was fair 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 had unchanged activity levels. The supramax tonnage had balanced and unchanged rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in very minor increasing rates in all areas and directions.
The European coaster market was today with balanced 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 slight increasing rates today and the Mediterranean had also minor increasing rate levels today.
The tanker market was today with fair level of activity. The crude oil tankers were with unchanged activity resulting in minor falling rates in most areas and directions. The product tanker market was today with slower activity and it resulted in further falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com