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 new directions in parts of the drybulk market. The capes had slowing activity, the panamax had further improving activity today, the supramax now with slower activity and handysize had stable activity.

The capesizes had slowing tendency and minor minor falling rates in almost all areas and directions. For the panamax size the activity was again fine and the market reacted with slight increasing rates in almost all areas and directions.

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

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

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

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