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 kind of slowdown in parts of the drybulk market. The capes and panamax both had slower activity, and supramax plus handysize again with unchanged activity.

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

For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had near to unchanged activity with stable rate levels in most areas and directions. For the handysize vessels the market was also with unchanged positive activity, and resulted in very minor increasing rates in all areas and directions.

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

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

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