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 slower situation of the entire drybulk market. The capes had slower activity tendency again today, the panamax with unchanged activity and with the supramax and the handysize both still with fine activity.

The capesizes had little slower activity again and it resulted in slight falling rates in almost all areas and directions. For the panamax size the activity was unchanged and the market reacted with stable rates in almost all areas and directions.

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

The European coaster market was today with fair activity level. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates with so many open vessels. The freight rates in the Black Sea area were with unchanged rates today and the Mediterranean had very minor falling rate levels today.

The tanker market was today with okay level of activity. The crude oil tankers were with unchanged activity resulting in minor increasing rates in most areas and directions. The product tanker market was today with fine 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