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 mix of activity level for the drybulk market, with the larger bulkers having a slight negative tendency and the smaller bulkers having a slight positive tendency.

The capesizes had today fair activity and it resulted in basically stable and unchanged rates in all areas and directions. 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 fine activity levels. The supramax tonnage had slight falling rate levels in the Pacific basin and slight increasing rates in the Atlantic basin. For the handysize vessels the market was with good improved activity, and resulted in nearly stable and more or less unchanged rates in most areas and directions, except real increasing rates out of East Coast South America.

The European coaster market was today with okay activity. In the Baltic Sea area or on the Continent the freight rates were stable and, in some cases, also having minor 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 fair level of activity. The crude oil tankers were with okay activity resulting in stable rates in most areas and directions. The product tanker market was today again with fair activity and it resulted in minor increasing rate levels from the various loading areas.

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