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 sharp split in parts of the drybulk market. The capes had booming activity, the panamax, supramax and handysize all with little better activity.

The capesizes had absolutely booming activity and therefore the result was high jumping increasing 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 unchanged activity levels. The supramax tonnage had unchanged activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in very minor increasing rates in all areas and directions.

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

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

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