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 much more positive mood in most of the dry bulk market. The capes had improving activity, the panamax and supramax both with little better activity,and the handysize with unchanged activity.

The capesizes had little better activity and therefore the result was with minor increasing rates in almost all areas and directions. For the panamax size the activity was okay and the market reacted with very marginal increasing 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 little better activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was 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 slowing activity level in all areas. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates and many prompt open vessels. The freight rates in the Black Sea area were with unchanged rates and the Mediterranean had very minor falling rate levels today.

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

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