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