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 new mixed tendency and direction in parts of the drybulk market. The capes had a rebounce with much better activity, the panamax with further improving activity, the supramax and handysize both unchanged activity.
The capesizes had improving activity and the result therefore was good increasing rates in almost all areas and directions. For the panamax size the activity was again a little better and the market reacted again with further minor increasing rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had once more a little positive activity level. The supramax tonnage had little better activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with unchanged positive activity, and resulted in very minor increasing rates in all areas and directions.
The European coaster market was today with fair activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had also very minor increasing rate levels today.
The tanker market was today with fine level of activity. The crude oil tankers were with fine activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with fine activity and it resulted in slight increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
