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 drybulk market was today again split in two different directions and different activity levels. The capes and panamax had both much slower activity tendency today, and with the supramax and handysize both had unchanged activity.

The capesizes had much slower activity and it resulted in fast falling rates in almost all areas and directions. For the panamax size the activity was also slower and the market reacted with slight falling rates in almost all areas and directions.

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

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

The tanker market was today with same mix in the 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 with little better activity and it resulted in slight increasing rate levels from the various loading areas.

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