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