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 big change of direction in the drybulk market. The capesize with booming tendency, the panamax, supramax and handysize had all good improving activity.
The capesize had great activity and it resulted in top increasing rates in almost all areas and directions. For the panamax size the activity was very 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 fine activity levels. The supramax tonnage had good activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted also in minor increasing rates in most areas and directions.
The European coaster market was today with total slow activity level with many spot vessels. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had minor falling rate levels today.
The tanker market was today with little better level of activity. The crude oil tankers were with improving activity resulting in minor increasing rates in most areas and directions. The product tanker market was today 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