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 little shifting in the activity levels of the drybulk market. The capes today having a slight positive tendency, the panamax size with minor positive tendency, the supramaxes with minor slower tendency and handysizes having unchanged and mainly stable tendency.

The capesizes had today little improving activity and it resulted in slight increasing rates in almost all areas and directions. For the panamax size the activity was also marginal better and the market reacted with minor increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market had today nearly unchanged activity levels. The supramax tonnage had minor falling rate levels in most areas and directions, except stable rates out of the Continent or West Africa. For the handysize vessels the market was with unchanged activity level, and it resulted in mainly unchanged rates in all the areas and directions.

The European coaster market was today with little slower activity. In the Baltic Sea area or on the Continent the freight rates were with minor slower tendency and the rates remained in best cases unchanged. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had again stable rates today.

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

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