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