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 a much more positive direction of the drybulk market. The capes, panamax and supramax all had improving activity, and the handysize continued with unchanged activity.

The capesizes had today little improving activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was also little 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 mixed activity levels. The supramax tonnage had better activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was once more with unchanged activity, and resulted in stable rates in all areas and directions.

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

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

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