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 mixed activity level for the drybulk market, with the capes and panamax having negative tendency, and the smaller bulkers having a minor positive tendency.

The capesizes had today unchanged slower activity and it resulted in basically unchanged rates in most areas and with falling rates in the Pacific Basin. For the panamax size the activity was slightly slower and the market reacted with slight falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today fair activity levels. The supramax tonnage had again minor increasing rate levels in most areas and directions, except slight falls out of US Gulf. For the handysize vessels the market was with fine activity, and resulted in minor increasing rates in all areas and directions.

The European coaster market was today with okay activity. In the Baltic Sea area or on the Continent the freight rates were having stable or also minor falling tendency. The freight rates in the Black Sea area were with falling rates today and the Mediterranean had slight falls too.

The tanker market was today with unchanged level of activity. The crude oil tankers were with little slower activity resulting in further minor falling rates in most areas and directions. The product tanker market was today again with okay activity and it resulted in very minor falling rate levels from the various loading areas.

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