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 complete mix of activity level for the drybulk market, with the capes having a sharp improving tendency and the rest having an unchanged tendency.

The capesizes had today a great activity level and it resulted in basically very good increasing rates in all areas and directions. For the panamax size the activity was same as yesterday and the market reacted with more or less unchanged 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 minor falling rate levels in all areas and directions. For the handysize vessels the market was with okay activity, and resulted in nearly stable and more or less unchanged rates in most areas and directions, except slight increasing rates out of North Europe.

The European coaster market was today with slow go activity. In the Baltic Sea area or on the Continent the freight rates were with further falling tendency. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had stable and unchanged rates.

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

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