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 fully positive direction of the entire drybulk market. The capes had again little positive activity tendency today, the panamax with unchanged positive activity and with the supramax and the handysize both also with little positive activity.
The capesizes had fine activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with very minor 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 minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in slight increasing rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were unchanged. The freight rates in the Black Sea area were also with unchanged rates today and the Mediterranean had very minor falling rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers were with little improving activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with little slower activity and it resulted in stable and unchanged rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com