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 today returned back to a mix of activity in the dry bulk market. The capes returned back to very good activity, the panamax with slower activity, the supramax and handysize both with little slowing activity.

The capesizes had today very good activity and therefore the result was good increasing rates in almost all areas and directions. For the panamax size the activity was again slowing and the market reacted with slight falling rates in almost all areas and directions.

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

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

The tanker market was today with further slowing level of activity. The crude oil tankers had unchanged activity resulting in very minor falling rates in most areas and directions. The product tanker market was with slower 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