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 again more or less the same as yesterday, with a mixed activity level for the drybulk market where the capes and panamax having negative tendency, and the smaller bulkers having a very minor positive tendency.

The capesizes had today unchanged slower activity and it resulted in basically unchanged rates in most areas but 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 basically all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today again 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 very minor increasing rates in all areas and directions.

The European coaster market was today with slower activity. In the Baltic Sea area or on the Continent the freight rates were having stable or also minor falling tendency, especially for the larger coasters where several are seen being spot since days. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had minor falls too.

The tanker market was today with unchanged slow level of activity. The crude oil tankers were with unchanged activity resulting in stable and unchanged 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