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 starting the week almost as last week ended with capes having an improving tendency and the rest having an unchanged and more or less stable tendency.

The capesizes had today a very good activity level and it resulted in further very good increasing rates in all areas and directions. For the panamax size the activity was unchanged and the market reacted with more or less unchanged rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today okay activity levels. The supramax tonnage had minor falling rate levels in all areas and directions. For the handysize vessels the market was with okay activity, and resulted in nearly stable and more or less unchanged rates in all areas and directions.

The European coaster market was today with kind of slow activity for a Monday. In the Baltic Sea area or on the Continent the freight rates were with further slight falling tendency. The freight rates in the Black Sea area were with minor falling rates and the Mediterranean also had minor falls.

The tanker market was today with fine Monday level of activity. The crude oil tankers were with okay activity resulting in unchanged rates in most areas and directions. The product tanker market was today again with good 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