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 good activity levels in the entire drybulk market, resulting in extremely positive tendency in the Capers and Panamax sizes and also with good positive tendency in the other bulker sizes.

The capesizes had today again a booming activity and it resulted in further top increasing rates in basically all areas and in all directions, but mostly in the Atlantic basin. For the panamax size the activity was again very good and the market therefore was with further good increasing rates in all areas and destinations.

For the supramax and handysize dry cargo tonnage the market today had good activity levels. The supramax tonnage had today slight increasing rates, except slight falls in US Gulf. For the handysize vessels the market was with okay activity, and resulted in further minor falling rates in most Atlantic basin areas and directions, but with stable and unchanged rates in all others areas.

The European coaster market was today again with very slow activity. In the Baltic Sea area or on the Continent the freight rates were today with further falling rate levels. The freight rates in the Black Sea area were with slight falling rates today and the Mediterranean had also further minor fallen rates today.

The tanker market was today having okay level of activity. The crude oil tankers were with fair activity resulting in stable and unchanged rate levels in most areas and directions. The product tanker market was today with slow activity and it resulted in unchanged rate levels from the various loading areas.

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