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 today was today a copy of yesterday with one up, one down and two unchanged in the dry bulk market. The capes had really good activity, the panamax with little slower activity, the supramax and handysize both with marginal improved activity.
The capesizes had today better activity and therefore the result was with good increasing rates in almost all areas and directions. For the panamax size the activity was again slower and the market reacted with further slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market today had both unchanged activity levels. The supramax tonnage had unchanged activity and with stable rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.
The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged and stable levels. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had very minor increasing rate levels.
The tanker market was again today with mixed level of activity. The crude oil tankers had again slower activity resulting in slight falling rates in most areas and directions. The product tanker market was again with good activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
