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 mix of different activity levels in the drybulk market. The capes had little better activity, the panamax and supramax both a slower activity, handysize having unchanged activity.

The capesizes had better activity and therefore the result was minor increasing rates in almost all areas and directions. For the panamax size the activity was slower and the market reacted with further minor falling rates in almost all areas and directions.

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

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

The tanker market was today with good level of activity. The crude oil tankers had very good activity resulting in further slight increasing rates in most areas and directions. The product tanker market was with good activity and with slight increasing rate levels from the various loading areas.

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