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 new split in directions of the drybulk market. The capes and panamax both had improving activity tendency today, the supramax and the handysize both still with okay activity.

The capesizes had again good activity and it resulted in good increasing rates in almost all areas and directions. For the panamax size the activity was improving 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 fine activity levels. The supramax tonnage had fine activity with unchanged rate levels in most areas and directions. For the handysize vessels the market was again with fair activity, and resulted in very minor increasing rates in all areas and directions.

The European coaster market was today with okay activity level. In the Baltic Sea area or on the Continent the freight rates were with unchanged rates but again with more open vessels. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor increasing rate levels today.

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

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