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 split between large and smaller tonnage in the drybulk market. The capes and panamax had sliding activity tendency today, and the supramax and the handysize both with little better activity.

The capesizes had slower activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was also little slower and the market reacted with slight falling 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 fine activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with fine activity, and resulted also in very minor increasing rates in all areas and directions.

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

The tanker market was today with fair level of activity. The crude oil tankers were with little improving activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with unchanged 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