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 again with one up, two stable and one down in the drybulk market. The capes had good activity, the panamax and supramax fair activity and the handysize again little slower activity.

The capesizes had again better activity and therefore the result was slight increasing rates in almost all areas and directions. For the panamax size the activity was again marginal better and the market reacted with minor increasing 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 unchanged activity with fully stable rate levels in most areas and directions. For the handysize vessels the market was with slowing activity, and resulted in very minor falling rates in all areas and directions.

The European coaster market was today with general 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 very minor falling rates and the Mediterranean had unchanged rate levels today.

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

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