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 the same direction of the entire drybulk market. The capes and panamax both had slower activity, and the supramax and handysize both with a little negative activity.

The capesizes had a slower activity and very minor falling rates in almost all areas and directions. For the panamax size the activity was also little slow and the market reacted with minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged slowing activity levels. The supramax tonnage had unchanged slower activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was with balanced activity, and resulted also today in very minor falling rates in all areas and directions.

The European coaster market was today with kind of stable 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 very minor increasing rates today and the Mediterranean had again unchanged rate levels today.

The tanker market was today with huge split in level of activity. The crude oil tankers were with booming activity resulting in top increasing rates in most areas and directions. The product tanker market was today with marginal slower activity and it resulted in minor falling rate levels from the various loading areas.

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