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 like a copy of yesterday for the overall tendency in the drybulk market. The capesize had again slower activity, the panamax with unchanged positively activity, the supramax had slower activity with the handysize again a little better activity.

The capesizes had slower activity and therefore with real falling rates in almost all areas and directions. For the panamax size the activity was little better 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 almost unchanged activity levels. The supramax tonnage had further slowing activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was with unchanged activity, and resulted in very minor increasing rates in all areas and directions.

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

The tanker market was today with the same mix in the level of activity. The crude oil tankers were with little better activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with real slowing activity and it resulted in falling rate levels from the various loading areas.

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