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 further slowing activity in the entire drybulk market. The capes had slower activity, the panamax, supramax and handysize all again with little slower activity.

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

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

The tanker market was today with unchanged 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 also with unchanged activity and it resulted in minor increasing rate levels from the various loading areas.

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