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 different directions of activity levels for the entire drybulk market. The capes having today a slight negative tendency, the panamax size with a positive tendency and all other bulker sizes having a stable tendency.

The capesizes had today little negative activity and it resulted in minor falling rates in most areas. For the panamax size the activity was good and the market reacted with slight increasing rates in basically all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today fine activity levels. The supramax tonnage had slight minor increasing rate levels in most areas and directions. For the handysize vessels the market was also with fine activity, and resulted in minor increasing 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 with falling tendency. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had slight falls too today.

The tanker market was today with unchanged 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 fine activity and it resulted in very minor increasing rate levels from the various loading areas.

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