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 slower activity in the entire drybulk market. The capes had slowing activity, the panamax were again little slower, but the supramax and handysize both with fair activity.

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

For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had unchanged activity with 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 slowing 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 very minor increasing rates today and the Mediterranean had minor falling rate levels today.

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

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