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 like one day up and one day down – in general a more negative tendency in the drybulk market. The capes, panamax, and supramax all had little slower activity but the handysize had again little better activity.

The capesizes had little weaker activity and therefore with very minor falling rates in almost all areas and directions. For the panamax size the activity was marginal slower and the market reacted with very minor falling 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 little slower activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in minor increasing rates in all areas and directions.

The European coaster market was today with slowing activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with slight increasing rates today and the Mediterranean had unchanged rate levels today.

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

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