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 ending the week similar to the last three days in the drybulk market. The capes had little further improved activity, the panamax had little slower activity, and the supramax and handysize both continued with unchanged activity.

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

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

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

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

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