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 fine activity level for the entire drybulk market, resulting in slight better capesize tendency otherwise stable tendency in all other sizes.

The capesizes had today fine activity and it resulted in increasing rates in the Pacific area but with stable and unchanged rates in all other areas. For the panamax size the activity was fair today and the market reacted with slight falling rates in the Continent/Mediterranean area and minor increasing rates in Far East or South East Asia area.

For the supramax and handysize dry cargo tonnage the market had today fair activity levels. The supramax tonnage had slight falling rate levels in basically all areas or directions. For the handysize vessels the market was with unchanged fine activity, and resulted in nearly stable and more or less unchanged rates in most areas and directions.

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

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

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