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 revised mixed tendency and direction in parts of the drybulk market. The capes returned to little slower activity, the panamax, supramax and handysize all with unchanged activity.

The capesizes had slower activity and the result therefore was minor falling rates in almost all areas and directions. For the panamax size the activity was marginal better and the market reacted with very minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged 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 also in very minor increasing rates in all areas and directions.

The European coaster market was today with fair activity level mainly influenced by the bad weather in many regions. 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 and the Mediterranean had also very minor increasing rate levels today.

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

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