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 new directions of the activity levels for the drybulk market. The capes remained with minor negative tendency, the panamax with a positive tendency and the supramax and handysize remained fully unchanged.

The capesizes had today unchanged activity and it resulted in further minor falling rates in almost all areas. For the panamax size the activity was good today and the market reacted with slight increasing rates in basically all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged activity levels. The supramax tonnage had stable and mainly unchanged rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged and stable rates in all areas and directions.

The European coaster market was today with unchanged activity. In the Baltic Sea area or on the Continent the freight rates were with stable or with very minor falling tendency. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had minor falling rates today.

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

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