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 a little shifting in the activity levels of the drybulk market. The capes today having a negative tendency, the panamax size with minor negative tendency and the supramaxes and handysizes having unchanged and stable tendency.

The capesizes had today slower activity and it resulted in real falling rates in almost all areas and directions. For the panamax size the activity was also marginal slower and the market reacted with slight falling rates in most areas and directions.

For the supramax and handysize dry cargo tonnage the market had today again unchanged activity levels. The supramax tonnage had stable rate levels in most areas and directions, except slight falling rates out of Far East. For the handysize vessels the market was with unchanged activity level, and it resulted in unchanged or very minor increasing rates in all the areas and directions.

The European coaster market was today with unchanged activity. In the Baltic Sea area or on the Continent the freight rates were with stable tendency. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had again stable rates today.

The tanker market was today with unchanged level of activity. The crude oil tankers were with unchanged activity resulting in stable rates 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