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 same directions in the entire drybulk market as yesterday. The capes had an extreme positive tendency today, the panamax remains with a negative tendency, and with both the supramax and handysize continues a very minor positive tendency.

The capesizes had today a booming activity and it resulted in extremely increasing rates in almost all areas and directions. For the panamax size the activity was again little slower and the market reacted with slight falling rates in almost all areas and directions.

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

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

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

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