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 complete split in direction of the drybulk market. The capes with very positive tendency, panamax with renewed positive tendency today and the supramax and handysize both had a stable tendency.

The capesizes had great activity and it resulted in good increasing rates in almost all areas and directions. For the panamax size the activity was also little better and the market reacted with increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had with unchanged activity very minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted mainly with unchanged and stable rates in all areas and directions.

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

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

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