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 same mix of direction in the various drybulk market sizes as on Friday. The capes had a little negative tendency today, the panamax and supramax having a positive tendency and the handysize continue with an unchanged activity tendency.

The capesizes had today further slowing activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was again good and the market reacted with slight increasing rates.

For the supramax and handysize dry cargo tonnage the market had both fine activity levels. The supramax tonnage had fine activity and with slight improving rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in unchanged rates in most areas and directions.

The European coaster market was today with unchanged okay activity levels. In the Baltic Sea area or on the Continent the freight rates were today with stable and unchanged rates. The freight rates in the Black Sea area were with very minor increasing rates today and the Mediterranean had once more unchanged rate levels today.

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

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