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 in a little better mood in the entire drybulk market. The capes had fully unchanged tendency today, the panamax remains with minor negative tendency, and with both the supramax and handysize in a slight positive tendency.

The capesizes had okay activity and it resulted in fully balanced and unchanged rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with very minor falling rates in almost all areas and directions.

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

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

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

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