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 almost a further repeat from the last many working days in the drybulk market. The capes had little slower activity, the panamax again unchanged activity, the supramax and handysize both with little slower activity.

The capesizes had little slowing activity and therefore minor falling rates in almost all areas and directions. For the panamax size the activity was okay 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 little slowing 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 with little slower activity, and resulted in very minor falling rates in all areas and directions.

The European coaster market was today with fair 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 falling rate levels today.

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

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