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 of activity in the drybulk market. The capes and the panamax had both a negative tendency today, and the supramax and handysize had slight positive activity tendency.

The capesizes had today slower activity and it resulted in slight falling rates in most areas and directions. For the panamax size the activity was also slower and the market reacted with very minor falling rates.

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

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

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

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