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 kind of still stand in the entire drybulk market. The capes had again a little slower activity, the panamax, supramax and handysize all with unchanged activity.

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

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

The European coaster market was today with slower activity level in all areas. In the Baltic Sea area or on the Continent the freight rates were with very minor falling rates. The freight rates in the Black Sea area were with unchanged rates and the Mediterranean had very minor increasing rate levels today.

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

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