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 kind of Friday situation of the drybulk market. The capesize had a little slowing tendency, the panamax and supramax had sliding tendency and the handysize had little improving activity.

The capesize had slower activity and it resulted in minor falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with basically stable rates in almost all areas and directions.

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

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

The tanker market was today with quiet level of activity. The crude oil tankers were with unchanged activity resulting in very minor falling rates in most areas and directions. The product tanker market was today with little better activity and it resulted in minor increasing rate levels from the various loading areas.

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