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 total mix up of the activity levels in the drybulk market, resulting in sharply improving tendency in the Capers and Panamax sizes, with the other bulker sizes with an unchanged situation.
The capesizes had today a jump in activity and it resulted in real fast increasing rates in basically all areas and in all directions. For the panamax size the activity was also top and the market therefore was with 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 unchanged rates in all areas or directions. For the handysize vessels the market was with fine activity, and resulted in stable rates in most areas and directions.
The European coaster market was today with little slower activity. In the Baltic Sea area or on the Continent the freight rates were with stable and in some cases slight falling rate levels. The freight rates in the Black Sea area were with some minor falling rates today and the Mediterranean had also smaller fallen rates today.
The tanker market was today having a split in activity. The crude oil tankers were with fair activity resulting in minor increased rate levels in most areas and directions. The product tanker market was today with slower activity and it resulted in further falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
