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 good positive direction of the entire drybulk market. The capes had very good activity, the panamax and supramax with fine improving activity and handysize again had little improving activity.

The capesizes had today very good improving activity and therefore the result was with top increasing rates in almost all areas and directions. For the panamax size the activity was better 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 further positive activity levels. The supramax tonnage had better activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with little better activity, and resulted in minor increasing rates in all areas and directions.

The European coaster market was today with unchanged activity level but with much more prompt open tonnage. 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 minor falling rates and the Mediterranean had unchanged rate levels today.

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

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