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 renewed positive directions in the drybulk market. The capes had continued positive tendency today, the panamax had extreme positive tendency, the supramax with a positive tendency and handysize with stable tendency.
The capesizes had today further positive activity and it resulted in very good increasing rates in almost all areas and directions. For the panamax size the activity was booming and the market reacted with top increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had more balanced but fine activity levels. The supramax tonnage had fine activity and therefore slight increasing rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in stable and unchanged rates in all areas and directions.
The European coaster market was today again with little slower 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 with unchanged rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with a better level of activity. The crude oil tankers were with improving activity and resulting in minor increasing rates in most areas and directions. The product tanker market was today with good activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
