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 today was unchanged compared to yesterday with the large bulkers having little negative tendency, and the smaller bulker sizes being more or less with stable tendency.

The capesizes had today slower activity and it resulted in slight falling rates in all areas and directions. For the panamax size the activity was also slightly slower, and the market reacted with further falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today okay activity levels. The supramax tonnage had minor falling rate levels in most areas and directions, except good increases out of the US Gulf. For the handysize vessels the market was with fine activity, and resulted in very minor falling or very minor increasing rates in all areas and directions.

The European coaster market was today with “summer” activity. In the Baltic Sea area or on the Continent the freight rates were having further minor falling tendency, as the main North European vacation season starts tomorrow. The freight rates in the Black Sea area were with minor falls today and the Mediterranean had unchanged freight levels today.

The tanker market was today with a split in level of activity. The crude oil tankers were with slower activity resulting in falling rates in most areas and directions. The product tanker market was today with fine activity and it resulted in further slight increasing rate levels from the various loading areas.

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