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 another change of direction in some parts of the drybulk market. The capesize was with top improving tendency, the panamax and supramax had again little slower tendency, and the handysize had unchanged activity.

The capesize had very good improving activity and it resulted in real increasing rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with very minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had slower activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged rates in most areas and directions.

The European coaster market was today with unchanged slow summer activity level. In the Baltic Sea area or on the Continent the freight rates were with stable and quite low rates. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had again unchanged rate levels today.

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

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