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 another mix of activity level for the drybulk market, with the capes having negative tendency, the panamax and the smaller bulkers having unchanged and stable tendency.

The capesizes had today slower activity and it resulted in basically falling rates in most areas and directions. For the panamax size the activity was okay today and the market reacted with stable and mainly unchanged rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today fair activity levels. The supramax tonnage had unchanged levels in most areas and directions, except good increasing rates out of US Gulf. For the handysize vessels the market was with fine activity, and resulted in more or less stable and unchanged rates in most areas and directions.

The European coaster market was today with slow activity. In the Baltic Sea area or on the Continent the freight rates were again having minor falling tendency. The freight rates in the Black Sea area were stable today and the Mediterranean had only very minor falls.

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

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