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 small changes in some parts of the drybulk market. The capes had a further negative tendency today, the panamax a stable tendency and both the supramax and handysize remains with unchanged marginal negative tendency.

The capesizes had today more sliding activity and it resulted in falling rates in almost all areas and directions, but mostly in the Atlantic basin. For the panamax size the activity was better and the market reacted with stable rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had unchanged activity and it resulted in very minor falling rate levels in most areas and directions. For the handysize vessels the market was with little better activity, and resulted in near to stable rates in all areas and directions.

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

The tanker market was today with slower level of activity. The crude oil tankers were with slowing activity resulting in further falling rates in most areas and directions. The product tanker market was today very little less activity and it resulted in slight falling rate levels from the various loading areas.

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