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 all sizes in the entire drybulk segment going up. The capes had very good activity, the panamax had again fine activity and the supramax plus the handysize both remained with unchanged but better activity.

The capesizes had very good activity and therefore the result was good increasing rates in almost all areas and directions. For the panamax size the activity was good 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 both unchanged but fine activity levels. The supramax tonnage had unchanged activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in very minor increasing rates in all areas and directions.

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

The tanker market was today with little slower level of activity. The crude oil tankers had slowing activity resulting in further minor falling rates in most areas and directions. The product tanker market was also with slower activity and it resulted in very minor falling rate levels from the various loading areas.

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