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 the same mix of directions in the drybulk market as yesterday. The capes had a positive activity, but the panamax, supramax and handysize all again had slower activity.

The capesizes had better activity and therefore had slight increasing rates in almost all areas and directions. For the panamax size the activity was 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 remained with slow 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 with little slower 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 further minor falling rates. The freight rates in the Black Sea area were with stable rates today and the Mediterranean had very minor increasing rate levels today.

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

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