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 very similar situation of the drybulk market as yesterday. The capes had a little negative activity tendency today, the panamax with good positive activity and with the supramax and the handysize both with unchanged minor activity increase.

The capesizes had slower activity and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was again good and the market reacted with further slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had unchanged positive activity levels. The supramax tonnage had with unchanged fine activity with minor increasing rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted in very minor increasing rates in all areas and directions.

The European coaster market was today with further sliding activity level. In the Baltic Sea area or on the Continent the freight rates were with minor falling rates. The freight rates in the Black Sea area were also with minor falling rates today and the Mediterranean had very minor falling rate levels today.

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

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