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 is with a split of directions today in the drybulk market. The capes had again little slower activity, the panamax and supramax a positive activity, and handysize with unchanged activity.

The capesizes had again slowing activity and therefore further slight falling rates in almost all areas and directions. For the panamax size the activity was better and the market reacted with minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again slow activity levels. The supramax tonnage had little slower activity with slight falling rate levels in most areas and directions. For the handysize vessels the market was with slow activity, and resulted in minor falling rates in all areas and directions.

The European coaster market was today with fair general activity level and more open vessels. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had unchanged rate levels today.

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

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