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 today was unchanged compared to most of last week with the large bulkers having negative tendency, and the smaller bulker sizes being again with a more or less with stable tendency.

The capesizes had today slow Monday activity and it resulted in further slight falling rates in all areas and directions. For the panamax size the activity was unchanged today, and the market reacted with further slight falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today okay activity levels. The supramax tonnage had minor falling rate levels in most areas and directions, except good increases once again out of the US Gulf. For the handysize vessels the market was with fair activity, and resulted in very minor falling or unchanged rates in all areas and directions.

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

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

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