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 new situation in the drybulk market. The capes and panamax had both good improving activity tendency, the supramax and the handysize both with unchanged fine activity.
The capesizes had improved the activity again and it resulted in slight increasing rates in almost all areas and directions. For the panamax size the activity was again good and the market reacted with slight increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had okay activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted also in minor increasing rates in all areas and directions.
The European coaster market was today with slowing activity level going towards the last week of the summer holidays. In the Baltic Sea area or on the Continent the freight rates were with unchanged and stable rates despite many spot open vessels. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor increasing rate levels today.
The tanker market was today with a Friday level of activity. The crude oil tankers were with unchanged activity resulting in stable rates in most areas and directions. The product tanker market was today with fair activity and it resulted in stable rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
