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 today again has a mix of activity in the dry bulk market but with difference directions. The capes had again slowed activity, the panamax with unchanged activity, the supramax and handysize both with little improved activity.

The capesizes had today again sliding activity and therefore the result was slight falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with stable rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market today had little positive activity levels. The supramax tonnage had again better activity and with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with marginal improved activity, and resulted in very minor increasing rates in all areas and directions.

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

The tanker market was today with good level of activity. The crude oil tankers had okay activity resulting in unchanged rates in most areas and directions. The product tanker market was with fair activity and it resulted in slight increasing rate levels from the various loading areas.

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