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 copy of yesterday the entire drybulk market. The capes had again slower activity and the panamax, supramax and handysize all had further positive activity.

The capesizes had slower activity and therefore the result was further slight 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 again had positive activity levels. The supramax tonnage had good activity with with resulting slight increasing rate levels in most areas and directions. For the handysize vessels the market was with improving activity, and resulted in slight increasing rates in all areas and directions.

The European coaster market was today with uncharged 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 with slight increasing rates and the Mediterranean had minor increasing rate levels today.

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

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