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 again a mix of direction of the various drybulk market sizes. The capes had a little negative tendency today, the panamax and supramax having a positive tendency and the handysize continue with an unchanged activity tendency.
The capesizes had today little slowing activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was unchanged good and the market reacted with slight increasing rates.
For the supramax and handysize dry cargo tonnage the market had fine activity levels. The supramax tonnage had good activity and with slight improving rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in very minor increasing rates in most areas and directions.
The European coaster market was today with unchanged activity levels. In the Baltic Sea area or on the Continent the freight rates were today with stable and unchanged rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with improving level of activity. The crude oil tankers were with good activity resulting in slight increasing rates in most areas and directions. The product tanker market was today also with good activity and it resulted in good increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com