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 positive mood in the entire drybulk market, maybe driven by the Valentine’s Day mood with involved? The capes and panamax had again a little positive tendency today, but with the supramax and handysize also continuing with a slight positive activity tendency.
The capesizes had today improving activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was also little better and the market reacted with very minor general increasing rates.
For the supramax and handysize dry cargo tonnage the market had again little better activity levels. The supramax tonnage had fair activity and with slight improving rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted also in minor increasing rates in all areas and directions.
The European coaster market was today with unchanged slowing activity levels. 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 unchanged today and the Mediterranean had minor falling rate levels today.
The tanker market was today again with little slower level of activity. The crude oil tankers were with sliding activity resulting in minor falling rates in most areas and directions. The product tanker market was today also with slower activity and it resulted in falling falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
