Weekly Freight Recap: 19/09/24
Sep 19, 2024
PANAMAX
Atlantic: Panamax market saw continued gains, with firmer rates concluded for both trans-Atlantic and fronthaul routes, particularly in the North. The South Atlantic, supported by demand from East Coast South America, also showed strength. Seasonal grain and coal demand in Q4 is still expected to support the market.
Pacific: Rates were mixed, with tonnage availability outpacing fresh demand, causing rates to ease. Holidays kept activity lower, though some positive sentiment remains as seasonal shifts approach.
SUPRAMAX
Atlantic: The US Gulf remained fairly robust, with stronger rates achieved, especially for trans-Atlantic routes. However, the South Atlantic continued to weaken due to limited fresh inquiries and an abundance of prompt tonnage. The Continent and Mediterranean lacked momentum, keeping rates stable.
Pacific: Activity in the Pacific was muted, with rates holding around previous levels. Nickel ore trade saw limited interest, while rates were stable overall despite a slight dip in available tonnage.
HANDYSIZE
Atlantic: In the Handysize sector, the US Gulf maintained a supportive trend with a slight improvement in rates. The Continent and Mediterranean markets remained subdued, with rates following recent levels. The South Atlantic experienced limited demand, suggesting a potential drop in rates in the coming days.
Pacific: The Pacific market saw little change, with rates largely stable due to a lack of significant cargo volume. While tonnage counts decreased slightly, the limited demand kept rates near last done levels.
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.
