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 new direction in parts of the drybulk market. The capes had improving activity, the panamax again had slow activity, plus the supramax and handysize both continued with little slower activity.

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

For the supramax and handysize dry cargo tonnage the market had unchanged slowing activity levels. The supramax tonnage had little slower activity with very marginal falling rate levels in most areas and directions. For the handysize vessels the market was also with little slower activity, and resulted also once more with very minor falling rates in all areas and directions.

The European coaster market was today with further slowing activity level. In the Baltic Sea area or on the Continent the freight rates were with more minor falling rates. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean had unchanged rate levels today.

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

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