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 changes in the direction of the drybulk market. The capes had good activity tendency today, the panamax with unchanged activity and the supramax and the handysize both with little better activity.
The capesizes had very good activity and it resulted in real increasing rates in almost all areas and directions. For the panamax size the activity was unchanged 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 unchanged activity levels. The supramax tonnage had fine activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted also in very minor increasing rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with stable but low rates. The freight rates in the Black Sea area were with very slight increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with a further split in level of activity. The crude oil tankers were with further improving activity resulting in good increasing rates in most areas and directions. The product tanker market was today with unchanged activity and it resulted in stable rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
