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 mainly positive status of the entire drybulk market. The capes had a good positive tendency, the panamax had a positive tendency again, and with the supramax and handysize both having a minor positive tendency too.

The capesizes had today a good activity and it resulted in further increasing rates in most areas and directions. For the panamax size the activity was also good and the market reacted with further slight increasing rates.

For the supramax and handysize dry cargo tonnage the market had positive activity levels. The supramax tonnage had fine activity and with very minor increasing rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.

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

The tanker market was today with slow level of activity. The crude oil tankers were with slow activity resulting in falling rates in most areas and directions. The product tanker market was today with quite slow activity and it resulted in more falling rate levels from the various loading areas.

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