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 turbo booster in the entire drybulk market. The capes had a booming activity tendency today, the panamax with similar positive activity and with the supramax and the handysize both also with unchanged positive activity.
The capesizes had booming activity and it resulted in top increasing rates in almost all areas and directions. For the panamax size the activity was also very good and the market reacted with real increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged positive activity levels. The supramax tonnage had okay activity with further slight increasing rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in unchanged rates in all areas and directions.
The European coaster market was today with generally slow activity level view the summer holidays all around. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor falling rate levels today.
The tanker market was today with little better level of activity. The crude oil tankers were with little improving activity resulting in minor falling rates in most areas and directions. The product tanker market was today also with better activity and it resulted in stable and unchanged rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com