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 split in the activity levels for the drybulk market. The capes and panamax sizes had a slight negative tendency today, and the supramax and handysize were again with a more or less stable tendency.

The capesizes had today little slower activity and it resulted in minor falling rates in almost all areas and directions, but mostly in the Continent area. For the panamax size the activity was unchanged and the market reacted with minor falling rates in almost all areas and directions.

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

The European coaster market was today with unchanged slow activity levels. In the Baltic Sea area or on the Continent the freight rates were again with minor falling rates and several spot/prompt open vessels. The freight rates in the Black Sea area were with very minor falling rates today and the Mediterranean had also minor falling rate levels today.

The tanker market was today with improving level of activity. The crude oil tankers were with more activity resulting in minor increasing rates in most areas and directions. The product tanker market was today again with little better activity and it resulted also in minor increasing rate levels from the various loading areas.

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