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