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 slow activity level in the entire drybulk market, resulting in negative market tendency in the large bulker size, and almost stable market levels for the smaller bulker sizes.

The capesizes had today much again a kind of slow activity and it resulted infalling rates in the Atlantic basin ad with stable rates in Far East area. For the panamax size the activity was again also slower and the market therefore was reacting with slight falling rate levels.

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

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

The tanker market was today having fair activity levels. The crude oil tankers had today okay activity resulting in minor increasing rate levels in most areas and directions. The product tanker market was today with fine activity and it resulted in minor increasing rate levels from the various loading areas.

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