Weekly Freight Recap: 25/04/24
Apr 25, 2024
PANAMAX
Atlantic: Activity decreased in the North Atlantic, with most recent cargoes covered, indicating potential rate adjustments downward. However, the ECSA remained relatively steady with decent demand projected from mid-May.
Pacific: Signs of weakening were observed, especially from Indonesia, due to a seasonal dip in coal demand. Despite a stable tonnage count, a lack of bids cast uncertainty on the true market value.
SUPRAMAX
Atlantic: Healthy activity levels were observed across the basin for geared sizes. Markets continued to push, albeit stronger than seasonality suggests. Signs of market flattening were noted, with expectations of a sideways trend in the near future.
Pacific: After days of lackluster activity, an increase in cargo volumes from ECSA was observed. Improved commodity prices are expected to bring more cargoes into the market in the coming weeks. Period market remains strong, with major operators scouting for long period tonnage.
HANDYSIZE
Atlantic: Pressure mounted on prompt tonnage, with limited fresh enquiry reported. While stability prevailed, there were indications of potential rate adjustments as activity slowed in the South Atlantic.
Pacific: Positivity remained evident, with a steady flow of fresh enquiry across all loading regions. Owners continued to see small gains, indicating a relatively stable market in the Asia region.
Weekly Recaps
Freight
Freight Recap:
18/12/25
Dec 18, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
08-12/12/25 Agri
Dec 15, 2025
CBOT markets finished lower ahead of Tuesday’s WASDE, which was widely expected to lack bullish surprises. MATIF wheat was the exception, posting small gains. Russian 12.5% protein wheat FOB for January delivery edged up by $0.5 w/w to $227.5/t, according to IKAR. Geopolitical headlines remained in focus after Ukrainian President Volodymyr Zelenskiy said US-brokered peace talks remain stalled over security guarantees and control of eastern Ukraine, particularly the Donbas.
Freight
Freight Recap:
11/12/25
Dec 11, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
01-05/12/25 Agri
Dec 08, 2025
USDA announced no new flash sales, disappointing soybean markets. Weekly export sales remain delayed and have not yet reached the period covering the US–China trade deal, leaving the true pace of buying uncertain. CBOT corn and wheat eased, while March MATIF wheat posted small gains after finding support at intraday contract lows. ABARES raised Australia’s 2025/26 wheat, barley, and canola output, though the increases were broadly in line with expectations. Algeria’s OAIC issued a soft wheat tender for February shipment, and Russian wheat prices slipped again, with 12.5% FOB for January at $227/t.
