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 more positive situation 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 fair 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 very minor increasing 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 quiet 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 falling rates today and the Mediterranean had very minor increasing rate levels today.

The tanker market was today again with a split in 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 with fine activity and it resulted in slight increasing rate levels from the various loading areas.

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