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 split of activities of the drybulk market. The capes had more negative tendency today, the panamax size had minor negative tendency, and with the supramax and the handysize were again with a fully stable tendency.

The capesizes had today a much slower activity and it resulted in real falling rates in almost all areas and directions. For the panamax size the activity was also again little slower and the market reacted with minor falling rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had again unchanged activity levels. The supramax tonnage had mainly stable and near unchanged rate levels in most areas and directions. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.

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

The tanker market was today with fine level of activity. The crude oil tankers were with fair activity resulting in more or less stable rates in most areas and directions. The product tanker market was today again with very good activity and it resulted in increasing rate levels from the various loading areas.

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