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 is with a Friday copy of the situation in the entire drybulk market. The capes and panamax had both again much better activity, and the supramax and handysize both with unchanged but fair activity.

The capesizes had good activity and with further slight improving rates in almost all areas and directions. For the panamax size the activity was again better and the market reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged but fair activity levels. 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 with fine activity, and resulted in fully unchanged rates in all areas and directions.

The European coaster market was today with okay general 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 minor falling rate levels today.

The tanker market was today with further top level of activity. The crude oil tankers were with very good activity resulting in real increasing rates in most areas and directions. The product tanker market was today also with good activity and it resulted in further increasing rate levels from the various loading areas.

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