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 same split as yesterday between large and smaller tonnage in the drybulk market. The capes and panamax had sliding activity tendency today, and with the supramax and the handysize both with little better activity.

The capesizes had slower activity and it resulted in further minor falling rates in almost all areas and directions. For the panamax size the activity was also little slower today and the market reacted also with minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged okay activity levels. The supramax tonnage had okay activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with fair activity, and resulted in unchanged rates in all areas and directions.

The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with stable but still quite low freight rates. The freight rates in the Black Sea area were with further very minor increasing rates today and the Mediterranean had again unchanged rate levels today.

The tanker market was today with fine level of activity. The crude oil tankers were with better activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with unchanged fine activity and it resulted in very minor increasing rate levels from the various loading areas.

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