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 kind of undecided direction of the entire drybulk market. The capes had a little slower tendency today, and with the panamax, supramax and the handysize all with positive tendency.

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

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

The European coaster market was today with unchanged 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 unchanged rates today and the Mediterranean had minor falling rate levels today.

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

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