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 drybulk market was today very similar to yesterday with a split in two different directions and different activity levels. The capes and panamax had both slower activity tendency today, and with the supramax and handysize both had unchanged activity.

The capesizes had again slower activity and it resulted in further real falling rates in almost all areas and directions. For the panamax size the activity was again 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 again fully unchanged activity levels. The supramax tonnage had fair activity and with minor falling rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in unchanged rates in all areas and directions.

The European coaster market was today with unchanged slow 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 again with minor falling rates today and the Mediterranean had also minor falling rate levels today.

The tanker market was today with same mix in the level of activity. The crude oil tankers were with little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today again with little better activity and it resulted in further slight increasing rate levels from the various loading areas.

We will be back tomorrow with more freight market news from www.icshipbrokers.com