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 in the activity levels for the drybulk market. The capes had a slight positive tendency today, the panamax with minor slower tendency and the supramax and handysize were again with a more or less stable tendency.
The capesizes had today better activity and it resulted in slight increasing rates in almost all areas and directions, but mostly in the Continent area. For the panamax size the activity was unchanged and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again unchanged fair activity levels. The supramax tonnage had unchanged and stable rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.
The European coaster market was today with fair activity levels. In the Baltic Sea area or on the Continent the freight rates were unchanged, but the bad weather in the region delaying many vessels. The freight rates in the Black Sea area were with very minor 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 more activity resulting in minor increasing rates in most areas and directions. The product tanker market was today again with fair activity and it resulted in minor increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com