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 a new direction in parts of the drybulk market. The capes had much slower activity tendency today, the panamax with unchanged fine activity and with the supramax and the handysize both with uncertain activity direction.

The capesizes had much slower activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was unchanged fine and the market reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had slowing activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was again with fair activity, and resulted in very minor increasing rates in all areas and directions.

The European coaster market was today with slower activity level. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates with suddenly many open vessels. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor falling rate levels today.

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

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