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 new change in the activity levels for the drybulk market. The capes had a balanced tendency today together with the panamax size, but the supramax now get into more negative activity tendency, and the handysize back to stable tendency.

The capesizes had today fair activity and it resulted in more or less stable rates in almost all areas and directions. For the panamax size the activity was again unchanged and the market reacted with unchanged stable rates in all areas and directions.

For the supramax and handysize dry cargo tonnage the market had little slower activity levels. The supramax tonnage had slight falling rate levels in most areas and directions, but with real falls out of US Gulf. For the handysize vessels the market was with fair activity, and resulted in unchanged and stable rates in all areas and directions.

The European coaster market was today with okay activity, but with many owners will to book cargoes ahead. In the Baltic Sea area or on the Continent the freight rates were stable although some slight falls seen for loading the next weeks. The freight rates in the Black Sea area were again with minor falling rates today and the Mediterranean had minor increasing rates today.

The tanker market was today with slower level of activity. The crude oil tankers were with slowing activity resulting in slight falling rates in most areas and directions. The product tanker market was today again with 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