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 split in the various sizes of the drybulk market. The capes had extremely positive tendency today, the panamax, supramax and handysize in almost a fully balanced situation.
The capesizes had today a very positive and fast improving activity and it resulted in extreme increasing rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with unchanged and stable rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again 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 good balanced activity level despite all the market disturbance from outside. In the Baltic Sea area or on the Continent the freight rates were with stable and unchanged rates. The freight rates in the Black Sea area were with slight increasing rates again today and the Mediterranean had slight increasing rate levels today.
The tanker market was today with okay level of activity. The crude oil tankers were with fine activity resulting in stable rates in most areas and directions. The product tanker market was today again with slower activity and it resulted in further falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
