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 very similar activity in the drybulk market as the last three days. The capes had very good activity, the panamax unchanged slowing activity and the supramax and handysize both had fair activity.

The capesizes had very good improving activity and resulting in fine increasing rates in almost all areas and directions. For the panamax size the activity was little slower and the market reacted with very minor falling rates in almost all areas and directions.

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

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

The tanker market was today with much better level of activity. The crude oil tankers were with much better activity resulting in fine increasing rates in most areas and directions. The product tanker market was today with very good activity and it resulted in good increasing rate levels from the various loading areas.

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