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 continuing the last week’s activity in the entire drybulk market. The capes had a very good positive tendency today, the panamax size with little more postitive outlook, with the supramax continue with minor negative activity tendency, and the handysize were again with a fully stable tendency.

The capesizes had today again very good activity and it resulted in further very good improving rates in almost all areas and directions. For the panamax size the activity was little improving 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 again unchanged activity levels. The supramax tonnage had again minor falling rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and mainly stable rates in all areas and directions.

The European coaster market was today again with better activity levels. In the Baltic Sea area or on the Continent the freight rates were unchanged and stable. The freight rates in the Black Sea area were with slight improving rates today and the Mediterranean had also minor increasing rate levels today.

The tanker market was today again with better level of activity. The crude oil tankers were with okay activity resulting in stable and unchanged rates in most areas and directions. The product tanker market was today with little improving 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