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 full positive direction of the entire drybulk market. The capes, panamax, supramax and panamax all had little improving activity.
The capesizes had today fair improving activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was marginal better 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 positive activity levels. The supramax tonnage had little better activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with little better activity, and resulted in very minor increasing rates in all areas and directions.
The European coaster market was today with fully unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were again with unchanged rates and the Mediterranean had minor increasing rate levels today.
The tanker market was today with a full wait and see level of activity. The crude oil tankers were with unchanged activity resulting in stable rates in most areas and directions. The product tanker market was today also with unchanged activity and it resulted in very minor increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
