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 returned to the 50/50 split in the drybulk market activity. The capes and panamax had ffine activity, and the supramax and handysize both again with fully unchanged activity.
The capesizes had little improved activity and therefore the result was with minor increasing rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with minor 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 very minor falling rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in stable rates in all areas and directions.
The European coaster market was today with further improved activity level. In the Baltic Sea area or on the Continent the freight rates were with minor increasing rates. The freight rates in the Black Sea area were with slight increasing rates and the Mediterranean had minor increasing rate levels today.
The tanker market was today with mix level of activity. The crude oil tankers had little better activity resulting in minor increasing rates in most areas and directions. The product tanker market was with unchanged activity and it resulted in very minor falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
