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 another mix of activity level for the drybulk market, with the larger bulkers having a slight positive tendency and the smaller bulkers having a slight negative tendency.

The capesizes had today fine activity and it resulted in basically stable and unchanged rates in most areas and with increasing rates out of Europe positions. For the panamax size the activity was slightly slower and the market reacted with slight falling rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had 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 fine activity, and resulted in slight increasing rates in Pacific basin and minor falling rates in the Atlantic basin.

The European coaster market was today with okay activity. In the Baltic Sea area or on the Continent the freight rates were stable and, in some cases, also having minor falling tendency. The freight rates in the Black Sea area were again with slight falling rates today and the Mediterranean had stable and unchanged rates.

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