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 unchanged directions of activity levels for the entire drybulk market. The capes having today a minor positive tendency, the panamax and supramax with a minor negative tendency and handysize stable again today.

The capesizes had todayfair activity and it resulted in minor increasing rates in almost all areas, but with good increases for Pacific round voyages. For the panamax size the activity was little slower and the market reacted with minor falling rates in basically all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today unchanged activity levels. The supramax tonnage had minor falling rate levels in most areas and directions. For the handysize vessels the market was with unchanged Monday activity, but resulted in basically unchanged rates in all areas and directions.

The European coaster market was today with little better activity despite vacation in many countries. In the Baltic Sea area or on the Continent the freight rates were with stable tendency. The freight rates in the Black Sea area were with very minor increasing rates today and the Mediterranean had minor falling rates today.

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

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