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 in complete positive mood in the entire drybulk market. The capes had a little positive tendency today, the panamax remains with minor positive tendency, and with both the supramax and handysize in a slight positive tendency too.
The capesizes had today again a positive and improving activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was fair 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 improving activity levels. The supramax tonnage had slight increasing rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in mainly minor increasing rates in all areas and directions.
The European coaster market was today with a little better 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 falling rates today and the Mediterranean had also minor falling rate levels today.
The tanker market was today with fine level of activity. The crude oil tankers were with slight improved activity resulting in increasing rates in most areas and directions. The product tanker market was today also with fine activity and it resulted in increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com