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 started this week with an all-in positive direction of the entire drybulk market. The capes and panamax had both little positive tendencies today, and with both the supramax and handysize continue their generally positive activity tendency from last week.
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 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 minor improving rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in minor increasing rates in all 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 with balanced 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 little slower level of activity. The crude oil tankers were with unchanged activity resulting in very minor falling rates in most areas and directions. The product tanker market was today also with slower activity and it resulted also in minor falling rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
