Freight Market Report 15/03 Presented By IC Shipbrokers

Photo: 90899099 © Paulgrecaud |

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 another day with quite good activity in the entire dry cargo segment, and again mainly positive outcome for all the various sizes.

The capesizes today had a mixed day with less activity. The rates in all areas and in all directions were mainly stable with only minor changes. For the panamax size it was also a day with fine activity and the result was slightly positive increasing rates.

The market for the supramax and handysize dry cargo tonnage today was again little positive. The supramax tonnage in Far East and Southeast Asia was still with improving rates, but it remained with small increasing rates in all other areas and directions. For the handysize segment the market was today with little increasing rates in all areas and directions but with the Far East or Southeast Asia again having seen the best positive increases.

The European coaster market was today with slower activity for most sizes. In the Baltic Sea area or on the Continent the freight rates were again under pressure with rates falling. The freight rates in the Black Sea area once again had fallen rates and the Mediterranean also today had sliding rates or best case last done levels depending on sizes.

The tanker market was again with good activity today. The crude oil tankers had today stable or last done freight rate levels in most areas and directions. For the product tanker market, it had today again small increased rate levels from the various loading areas.

We will be back tomorrow with a new freight market report / shipping news from IC        

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