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 an “all in” positive direction the entire drybulk market. The capes had unchanged activity and the panamax, supramax and handysize all continued with positive activity.

The capesizes had unchanged activity and therefore the result was stable rates in almost all areas and directions. For the panamax size the activity was again better and the market reacted with minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market again had both positive activity levels. The supramax tonnage had fine activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with little improving activity, and resulted in minor increasing rates in all areas and directions.

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

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

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