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 again a copy of the last 3 days in the drybulk market. The capes had quite slower activity, the panamax and supramax both with little slowing activity but the handysize only with marginal slower activity.

The capesizes had real slowing activity and therefore also real falling rates in almost all areas and directions. For the panamax size the activity was little slower 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 little slowing activity levels. The supramax tonnage had little slow activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was with near to unchanged activity, and resulted again in very minor falling rates in all areas and directions.

The European coaster market was today with extremely slow activity level view the start of the Christmas holidays. In the Baltic Sea area or on the Continent the freight rates were with falling rates. The freight rates in the Black Sea area were with further slight falling rates today and the Mediterranean had also slight falling rate levels today.

The tanker market was today with unchanged and stable level of activity. The crude oil tankers were with unchanged activity resulting in stable rates in most areas and directions. The product tanker market was with unchanged activity and it resulted in fully stable rate levels from the various loading areas.

We will be back on next Monday with more freight market news from www.icshipbrokers.com