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 more negative development in parts of the drybulk market. The capes had much slower activity, the panamax with little slower activity and supramax plus handysize again with little positive activity.

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

For the supramax and handysize dry cargo tonnage the market had further positive activity levels. The supramax tonnage had little better activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with unchanged fair activity, and resulted in very minor increasing rates in all areas and directions.

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

The tanker market was today with near to unchanged level of activity. The crude oil tankers were with marginal better activity resulting in minor increasing rates in most areas and directions. The product tanker market was today also with unchanged activity and it resulted in stable rate levels from the various loading areas.

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