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 back with a mix in activity levels for the drybulk market, as the capes and panamax sizes had a negative tendency and the other sizes had today fully stable tendency.

The capesizes had today a little slower activity and it resulted in slight falling rates in basically all areas and in all directions. For the panamax size the activity was unchanged and the market reacted with minor falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today okay activity levels. The supramax tonnage had stable and basically unchanged rate levels in all areas or directions. For the handysize vessels the market was with unchanged fine activity, and resulted in stable and more or less unchanged rates in most areas and directions.

The European coaster market was today with kind of slower activity. In the Baltic Sea area or on the Continent the freight rates were with minor falling tendency. The freight rates in the Black Sea area were again with slight falling rates and the Mediterranean had also more falling rates.

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

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