Freight Market Report 13/02 Presented by IC Shipbrokers

Photo: 146976125 © Mariusz Bugno |

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.

It was a Monday with generally good activity in the dry cargo segment, and with improving outcome for the capers.

The capesizes today had another good day. The rates in the Far East and Continent areas were with good increases again, and in all other areas the rates were with slight positive increases too, so a good beginning of the week. For the panamax size it was a day with stable or little falling rates in worst case for all other areas.

The market for the supramax and handysize dry cargo tonnage was today again having stable rates without much movement. The supramax tonnage was with basically stable or with little falling rates in most areas and directions. For the handysize segment the market was with little increasing rates in South America and Far East and with stable rates in all other areas and directions.

The European coaster market was again with little activity for most sizes. In the Baltic Sea area or on the Continent the freight rates continue to be under little downward pressure. The freight rates in the Black Sea area are again with further falling rates and the Mediterranean had a further day with mainly stable rates.

The tanker market was with good activity today. The crude oil tankers had despite better activity again slightly lower freight rate levels in most areas, and the product tanker market was continuing into this week again with increasing rate levels from the various loading areas.

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