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 another true copy of yesterday in the drybulk market. The capes had again little better activity, the panamax and supramax both a slower activity, with the handysize having totally unchanged activity.

The capesizes had once more little better activity and therefore the result was further minor increasing rates in almost all areas and directions. For the panamax size the activity was slowing 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 activity levels. The supramax tonnage had marginal slower activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in fully stable rates in all areas and directions.

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

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

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