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 unchanged situation of the entire drybulk market. The capesize had very slowing tendency, the panamax with further sliding tendency, the supramax had unchanged tendency and the handysize had further improving activity.

The capesize had very slow activity and it resulted in very much falling rates in almost all areas and directions. For the panamax size the activity was unchanged slow and the market reacted with further minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had okay activity with very minor falling rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in further minor increasing rates in most areas and directions.

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

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

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