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 a slower general activity in the entire drybulk market. The capes had today a fair activity after the booming last week, the panamax slower activity, the supramax and handysize all with unchanged fair activity.

The capesizes had fair but positive activity and with minor increasing rates in almost all areas and directions. For the panamax size the activity was 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 again unchanged and balanced activity levels. The supramax tonnage had fair activity with stable rate levels in most areas and directions. For the handysize vessels the market was also with fair activity, and resulted also in very minor increasing rates in all areas and directions.

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

The tanker market was today with slower level of activity compared to last week. The crude oil tankers were with fair activity resulting in very minor increasing rates in most areas and directions. The product tanker market was with little slower 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