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 slower general situation of the entire drybulk market. The capes had negative activity tendency today, the panamax with positive activity and with the supramax and the handysize both with unchanged activity.

The capesizes had slower activity and it resulted in further falling rates in almost all areas and directions. For the panamax size the activity was fine 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 okay activity with further very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged rates in all areas and directions.

The European coaster market was today with generally slow activity level view the start of the summer holidays all around. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor falling rate levels today.

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

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