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 a true copy of yesterdam in the entire drybulk market. The capes had little improving activity, the panamax again had slower activity, and the supramax and handysize both continued with little slowing activity.

The capesizes had again little better activity today and therefore the result was with minor increasing rates in almost all areas and directions. For the panamax size the activity was slower and the market reacted with minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had once more unchanged but slower activity levels. The supramax tonnage had little slower activity with very marginal falling rate levels in most areas and directions. For the handysize vessels the market was also with little slower activity, and resulted in very minor falling rates in all areas and directions.

The European coaster market was today with further slowing 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 minor increasing rates and the Mediterranean had also minor increasing rate levels today.

The tanker market was today with further improved level of activity. The crude oil tankers were again with better activity resulting in very good increasing rates in most areas and directions. The product tanker market was today with little improving activity and it resulted in good increasing rate levels from the various loading areas.

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