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 unchanged direction of the drybulk market. The capes had today much slower activity tendency today, the panamax, supramax and handysize all with unchanged little positive activity.

The capesizes had real slowing activity and it resulted in real falling rates in almost all areas and directions. For the panamax size the activity was fair and the market reacted with very minor increasing rates in most areas and directions.

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

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

The tanker market was today with unchanged level of activity. The crude oil tankers were with unchanged activity resulting in unchanged rates in most areas and directions. The product tanker market was today 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