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 continuing with different activity levels in the drybulk market today, resulting in extremely positive tendency in the Capers and good positive tendency in the Panamax sizes with all other bulker sizes were with more or less with unchanged situation.
The capesizes had today a booming activity and it resulted in jumping up increasing rates in basically all areas and in all directions, but mostly in the Atlantic basin. For the panamax size the activity was again good and the market therefore was with good increasing rates in all areas and destinations.
For the supramax and handysize dry cargo tonnage the market today had fair activity levels. The supramax tonnage had today stable rates, except slight falls in the Black Sea and US Gulf areas. For the handysize vessels the market was with fair activity, and resulted in further minor falling rates in most Atlantic basin areas and directions, but with stable and unchanged rates in all others areas.
The European coaster market was today with very slow activity. In the Baltic Sea area or on the Continent the freight rates were today with further falling rate levels. The freight rates in the Black Sea area were with further falling rates today and the Mediterranean had also further fallen rates today.
The tanker market was today having okay level of activity. The crude oil tankers were with fair activity resulting in stable and unchanged rate levels in most areas and directions. The product tanker market was today with slow activity and it resulted in unchanged rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
