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 more or less same directions in the entire drybulk market as yesterday. The capes had again extreme positive tendency today, the panamax remains with a negative tendency, and with both the supramax and handysize now is basically with unchanged tendency.
The capesizes had today again booming activity and it resulted in extremely increasing rates in almost all areas and directions. For the panamax size the activity was again slower and the market reacted with slight falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had quite balanced activity levels. The supramax tonnage had very minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged rates in all areas and directions.
The European coaster market was today with unchanged fine 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 again with minor increasing rates today and the Mediterranean had mainly unchanged rate levels today.
The tanker market was today with unchanged level of activity. The crude oil tankers were with mainly unchanged activity resulting in very minor increasing rates in most areas and directions. The product tanker market was today also with mainly 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