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 changing direction of the drybulk market. The capes and panamax had again a negative tendency today, but with the supramax and handysize continue with a very minor positive activity tendency.

The capesizes had today slowing activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was also little slower and the market reacted with very minor general falling rates.

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

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

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

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