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 continues where it started yesterday with a positive direction of the entire drybulk market. The capes and panamax had very good positive tendencies today, and both the supramax and handysize continue their generally positive activity tendency from last week.
The capesizes had today very improving activity and it resulted in good increasing rates in almost all areas and directions. For the panamax size the activity was much better and the market reacted with good increasing rates.
For the supramax and handysize dry cargo tonnage the market had also better activity levels. The supramax tonnage had good activity and with fine increasing rate levels in most areas and directions. For the handysize vessels the market was with fine improving activity, and resulted in slight increasing rates in all areas and directions.
The European coaster market was today with little improving activity levels. In the Baltic Sea area or on the Continent the freight rates were again with balanced rates. The freight rates in the Black Sea area were with minor increasing rates again today and the Mediterranean had fully unchanged rate levels today.
The tanker market was today with little better level of activity. The crude oil tankers were with improving activity resulting in minor improving rates in most areas and directions. The product tanker market was today also with better activity and it resulted also in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
