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