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 all up in the entire drybulk market. The capes and panamax had both fine activity and the supramax plus the handysize both remained with unchanged but little better activity.

The capesizes had quite good activity and therefore the result was slight increasing rates in almost all areas and directions. For the panamax size the activity was again fine and the market also reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had both unchanged activity levels. The supramax tonnage had unchanged activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted in fully stable rates in all areas and directions.

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

The tanker market was today with further slowing level of activity. The crude oil tankers had again little slower activity resulting in minor falling rates in most areas and directions. The product tanker market was with slower activity and it resulted in very minor falling rate levels from the various loading areas.

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