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 almost a copy of yesterday’s situation in the drybulk market. The capesize still with a little better tendency, the panamax remains with little slower activity and with the supramax and handysize having fully unchanged activity.

The capesize had slight improving activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was again a little slower and the market reacted with very minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged fair activity levels. The supramax tonnage had fair activity with stable rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and it resulted in unchanged rates in most areas and directions.

The European coaster market was today with slow-go activity level. In the Baltic Sea area or on the Continent the freight rates were with stable low rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had unchanged levels today.

The tanker market was today again with better activity. The crude oil tankers were with little improving activity resulting in minor increasing rates in most areas and directions. The product tanker market was today also with better activity and it resulted in slight increasing rate levels from the various loading areas.

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