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 another mix of activity level for the drybulk market, with the capes having positive tendency, the panamax with slight slower tendency and the smaller bulkers having unchanged tendency.

The capesizes had today fine activity and it resulted in basically good increasing rates in most areas and with stable rates out of Europe positions. For the panamax size the activity was slightly slower and the market reacted with slight falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today fair activity levels. The supramax tonnage had unchanged levels in most areas and directions. For the handysize vessels the market was with fine activity, and resulted in minor increasing rates in Pacific basin, slight increasing rates in the Atlantic basin.

The European coaster market was today with slow activity. In the Baltic Sea area or on the Continent the freight rates were having minor falling tendency. The freight rates in the Black Sea area were stable today and the Mediterranean had minor falls.

The tanker market was again today with little slower level of activity. The crude oil tankers were with slower activity resulting in minor falling rates in most areas and directions. The product tanker market was today again with okay 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