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 fully copy of yesterday giving good positive direction of the entire drybulk market. The capes had again very good activity, the panamax and supramax with fine improving activity and handysize once again had little improving activity.

The capesizes had today again very good improving activity and therefore the result was with very good increasing rates in almost all areas and directions. For the panamax size the activity was better too and the market reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had further positive activity levels. The supramax tonnage had better general activity with slight increasing rate levels in most areas and directions. For the handysize vessels the market was with further better activity, and resulted in minor increasing rates in all areas and directions.

The European coaster market was today with unchanged activity level. 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 very minor falling rates and the Mediterranean had again near to unchanged rate levels today.

The tanker market was today with a mix in level of activity. The crude oil tankers were with slower activity resulting in slight falling rates in most areas and directions. The product tanker market was today with little improving activity and it resulted in further slight increasing rate levels from the various loading areas.

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