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 split of the activity in the drybulk market. The capes had again a good activity, the panamax with with little better activity and the supramax and handysize again with fair activity.

The capesizes had a better activity and further slight increasing rates in almost all areas and directions. For the panamax size the activity was okay and the market reacted with very minor 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 unchanged activity with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with fair activity, and resulted also in very minor falling rates in all areas and directions.

The European coaster market was today with kind of quiet activity level due to the Hamburg shipping event. In the Baltic Sea area or on the Continent the freight rates were with unchanged stable rates. The freight rates in the Black Sea area were with further very minor increasing rates today and the Mediterranean had again unchanged rate levels today.

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

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