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 more or less with same situation and activity levels for the drybulk market like on Friday, with the capes having a negative tendency and the other sizes had today stable tendency.

The capesizes had today again a slightly slower activity and it resulted in slight falling rates in mainly the Atlantic basin otherwise basically stable rates all other areas. For the panamax size the activity was also little slower today and the market reacted with unchanged rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today fine activity levels. The supramax tonnage had unchanged rate levels in basically all areas or directions. For the handysize vessels the market was with unchanged fine activity, and resulted in stable and more or less unchanged rates in most areas and directions.

The European coaster market was today with a slow start to the week. In the Baltic Sea area or on the Continent the freight rates were continuing the minor falling tendency. The freight rates in the Black Sea area were again with minor falling rates today and the Mediterranean had also more slight falling rates.

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

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