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 new direction changes for the activity levels of the drybulk market. The capes having today a slower tendency, the panamax size with unchanged tendency, and the supramaxes and handysizes having slightly slower tendency.

The capesizes had today slower activity and it resulted in falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with stable rates in most areas and directions.

For the supramax and handysize dry cargo tonnage the market had today slower activity levels. The supramax tonnage had slight falling rate levels in most areas and directions. For the handysize vessels the market was with little slower activity level, and it resulted in minor falling rates in all areas and directions.

The European coaster market was today with general slow activity. In the Baltic Sea area or on the Continent the freight rates were with minor falling tendency. The freight rates in the Black Sea area were with stable rates today and the Mediterranean had minor increasing rates today.

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

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