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 general positive situation of the entire drybulk market. The capes had slower activity tendency today, the panamax with unchanged activity and the supramax and the handysize both with better activity.

The capesizes had still okay activity and it resulted in minor increasing rates in almost all areas and directions. For the panamax size the activity was unchanged 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 improving activity levels. The supramax tonnage had good activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in very minor increasing rates in all areas and directions.

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

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

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