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 is again a repeat from the several previous working days in the drybulk market. The capes had slow activity, the panamax again unchanged positive activity, the supramax and handysize both with little slower activity.

The capesizes had again slowing activity and therefore further slight falling rates in almost all areas and directions. For the panamax size the activity was fine and the market reacted with further minor increasing rates in almost all areas and directions.

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

The European coaster market was today with okay activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had unchanged rate levels today.

The tanker market was today with much slower level of activity. The crude oil tankers were with slow activity resulting in falling rates in most areas and directions. The product tanker market was today with little 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