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 near repeat of yesterday with a complete mix of activity level for the drybulk market, as the capes having an improving tendency and the rest having an unchanged and stable tendency.

The capesizes had today a good activity level and it resulted in good increasing rates in all areas and directions. For the panamax size the activity was fair 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 again 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 all areas and directions.

The European coaster market was today with very slow activity view the Istanbul Shipbroker Dinner today. In the Baltic Sea area or on the Continent the freight rates were with further slight falling tendency. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had minor falls.

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

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