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 with a very positive direction of the entire drybulk market. The capes and panamax had both very good positive tendencies today, and both the supramax and handysize continue also their generally positive activity tendency started already in last week.
The capesizes had today very good improving activity and it resulted in real increasing rates in almost all areas and directions. For the panamax size the activity was further improving and the market reacted again with good increasing rates.
For the supramax and handysize dry cargo tonnage the market had both better activity levels. The supramax tonnage had again good activity and with good increasing rate levels in most areas and directions. For the handysize vessels the market was with further improving activity, and resulted once more in slight increasing rates in all areas and directions.
The European coaster market was today with generally unchanged activity levels. In the Baltic Sea area or on the Continent the freight rates were unchanged once again. The freight rates in the Black Sea area were with minor increasing rates again today and the Mediterranean had minor falling rate levels today.
The tanker market was today with better level of activity. The crude oil tankers were with improving activity resulting in slight improving rates in most areas and directions. The product tanker market was today also with much 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