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 sliding activity level in the entire drybulk market, resulting for a further day in negative market tendency in basically all sizes now.

The capesizes had today further slowing activity and it resulted in more falling rates in all areas and directions. For the panamax size the activity was now also slower and the market therefore was reacting with slight lower rate levels.

For the supramax and handysize dry cargo tonnage the market today had fair activity levels. The supramax tonnage had today minor lower rates in most areas or directions. For the handysize vessels the market was with little less activity, and resulted in minor falling rates in the Atlantic basin but in Far East or South East Asia there were unchanged or minor increasing rate levels.

The European coaster market was today with further slowing activity. In the Baltic Sea area or on the Continent the freight rates were with real falling rate levels now. The freight rates in the Black Sea area had further minor falling rates today and the Mediterranean had also minor fallen rates today.

The tanker market was today having a improving activity levels. The crude oil tankers had today good activity resulting in minor increasing rate levels in most areas and directions. The product tanker market was today with good 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