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 repeat Friday situation of the drybulk market. The capesize remains with little slowing tendency, the panamax, supramax and handysize had improving activity.

The capesize had again slower activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was fine and the market reacted with minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged fine activity levels. The supramax tonnage had good activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in minor increasing rates in most areas and directions.

The European coaster market was today with total slow activity level view the start of the summer holidays in many countries. In the Baltic Sea area or on the Continent the freight rates were with real falling rates. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had minor falling rate levels today.

The tanker market was today with better level of activity. The crude oil tankers were with improving activity resulting in unchanged and stable rates in most areas and directions. The product tanker market was today with little better activity and it resulted in minor falling rate levels from the various loading areas.

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