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 is with a total change of direction today in the entire drybulk market. The capes and panamax had both much better activity today, and the supramax and handysize both with unchanged but fair activity.

The capesizes had good activity and with slight improving rates in almost all areas and directions. For the panamax size the activity was also better and the market reacted also with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged but fair activity levels. The supramax tonnage had little better activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in unchanged rates in all areas and directions.

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

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

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