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 slower activity modus in the entire drybulk market. The capes again had a slight negative tendency today, the panamax size had stable tendency, but with the supramax and handysiize continue with minor negative activity tendency.

The capesizes had today once more a little slower activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with stable and unchanged rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged slower activity levels. The supramax tonnage had again minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in very minor falling rates in all areas and directions.

The European coaster market was today with very slow activity levels and many spot vessels in all areas. In the Baltic Sea area or on the Continent the freight rates were again with slight falling rates. The freight rates in the Black Sea area were also again with slight falling rates and the Mediterranean had slight falling rate levels today.

The tanker market was today with unchanged but little slower level of activity. The crude oil tankers were with slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today also with a little slower activity and it resulted in further minor falling rate levels from the various loading areas.

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