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 on this first trading day of 2026 was a general slow day in the entire drybulk market. The capes had slower activity, the panamax a little positive activity and supramax plus handysize both with slowing activity.

The capesizes had slowing activity and therefore falling rates in almost all areas and directions. For the panamax size the activity was much better and the market reacted with minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had further slow activity levels. The supramax tonnage had much slower activity with slight falling rate levels in most areas and directions. For the handysize vessels the market was with slow activity, and resulted in slight falling rates in all areas and directions.

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

The tanker market was today with fair level of activity. The crude oil tankers were with slowing activity resulting in falling rates in most areas and directions. The product tanker market was today with okay activity and it resulted in stable rate levels from the various loading areas.

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