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 another partly change of direction in the drybulk market. The capesize back to sliding tendency, the panamax, supramax and handysize had all fine improving activity.

The capesize had again slower activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was good and the market reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged fine activity levels again. The supramax tonnage had fine activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with further fine activity, and resulted also again in minor increasing rates in most areas and directions.

The European coaster market was today with unchanged slow activity level with many prompt and spot vessels. In the Baltic Sea area or on the Continent the freight rates were again with minor falling rates or best-case unchanged level. The freight rates in the Black Sea area were with stable rates today and the Mediterranean had minor increasing rate levels today.

The tanker market was today with better general level of activity. The crude oil tankers were with fine improving activity resulting in slight increasing rates in most areas and directions. The product tanker market was today with little better activity and it resulted 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