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 further slowing activity in some parts of the drybulk market. The capes and panamax both again had slower activity, and the supramax plus the handysize both remained with unchanged activity.

The capesizes had today again slower activity and therefore the result was slight falling rates in almost all areas and directions. For the panamax size the activity was slow and the market reacted with further slight falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had both unchanged activity levels. The supramax tonnage had marginal slowing activity with fully unchanged rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.

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

The tanker market was today again with a little slower level of activity. The crude oil tankers were with slowing activity resulting in minor falling rates in most areas and directions. The product tanker market was today also with slower activity and it resulted again in minor falling rate levels from the various loading areas.

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