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 the same directions in the entire drybulk market as yesterday. The capes had further slowed tendency today, the panamax remains with positive tendency, and with both the supramax and handysize had a stable tendency.

The capesizes had slower activity and it resulted in more slight falling rates in almost all areas and directions. For the panamax size the activity was again fine 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 again stable activity levels. The supramax tonnage had with unchanged activity also unchanged rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted mainly with unchanged and stable 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 further very minor falling rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had unchanged rate levels today.

The tanker market was today with fair level of activity. The crude oil tankers were with fair activity resulting in slight increasing rates in most areas and directions. The product tanker market was okay 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