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 further negative development in the entire drybulk market. The capes had very slowing activity, and the panamax, supramax and handysize all also with slower activity.

The capesizes had real slow activity and with fast falling rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with further slight falling rates in almost all areas and directions.

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

The European coaster market was today with slower 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 unchanged rates today and the Mediterranean had very minor falling rate levels today.

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

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