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 with a full positive activity in the entire dry bulk market. The capes had good activity, the panamax a little better activity, the supramax and handysize both with marginal better activity.
The capesizes had good activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was little better and the market reacted with minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had improved activity levels for both sizes. The supramax tonnage had further marginal better activity and with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with little better general activity, and resulted also very minor increasing rates in all areas and directions.
The European coaster market was today with unchanged slow activity level. In the Baltic Sea area or on the Continent the freight rates were with stable but low rates. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean had slight falling rate levels today.
The tanker market was today with good level of activity. The crude oil tankers had little better activity resulting in minor increasing rates in most areas and directions. The product tanker market was with fine activity and it resulted 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
