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 again with similar or same directions in the entire drybulk market as the last days. The capes had again extreme positive tendency, the panamax remains with a negative tendency, and with both the supramax and handysize now is basically with unchanged or stable tendency.
The capesizes had today again booming activity and it resulted in further top increasing rates in almost all areas and directions. For the panamax size the activity was again little slower and the market reacted with further 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 okay activity, and it resulted in unchanged 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 minor falling rates. The freight rates in the Black Sea area were with unchanged stable rates today and the Mediterranean had very minor falling rate levels today.
The tanker market was today with little better level of activity. The crude oil tankers were with little improving activity resulting in very minor falling rates in most areas and directions. The product tanker market was with mainly unchanged activity and it resulted in minor falling rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
