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 with a split of directions in the large and small parts of dry bulk market. The capes had slowing activity, the panamax had little slower activity, the supramax and handysize both with unchanged activity.

The capesizes had much slower activity and therefore the result was with falling rates in almost all areas and directions. For the panamax size the activity was little 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 today had unchanged activity levels for both sizes. The supramax tonnage had unchanged activity and stable rate levels in most areas and directions. For the handysize vessels the market was also with unchanged activity, and resulted also in stable rates in all areas and directions.

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

The tanker market was today with a further good level of activity. The crude oil tankers had good activity resulting in good increasing rates in most areas and directions. The product tanker market was with unchanged activity and it resulted in unchanged rate levels from the various loading areas.

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