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 general okay activity in the entire drybulk market. The capes had a good positive tendency today, and with the panamax, supramax and handysize basically all having stable and fair activity tendency.

The capesizes had today good activity and it resulted in good increasing rates in most areas and directions. For the panamax size the activity was fair but the market reacted with very minor falling rates.

For the supramax and handysize dry cargo tonnage the market had again stable and unchanged activity levels. The supramax tonnage had fair activity and with unchanged rate levels in most areas and directions. For the handysize vessels the market was with good activity, and resulted in unchanged rates in all areas and directions.

The European coaster market was today with unchanged activity levels. In the Baltic Sea area or on the Continent the freight rates were still with minor sliding rates. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had again unchanged rate levels today.

The tanker market was today with little slower 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 again with little slower activity and it resulted in minor falling rate levels from the various loading areas.

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