Weekly Freight Recap: 04/10/24
Oct 04, 2024
PANAMAX
Atlantic: The market experienced mixed activity this week. Despite increased mineral cargoes from the US East Coast providing some support, overall trading remained subdued, with a softening of rates due to rising vessel availability.
Pacific: The market showed more stability driven by stronger demand, particularly from India. However, regional holidays contributed to slower activity, keeping sentiment cautious despite some emerging demand from Australia and stable rates.
SUPRAMAX
Atlantic: The Supramax market in the Atlantic continued to face challenges, with limited new inquiries and downward pressure on rates due to growing vessel supply. Some support came from mineral cargoes, but overall sentiment remained weak.
Pacific: Conversely, the Pacific market exhibited more resilience, driven by robust demand from India. Nonetheless, activity remained minimal, with rates dipping below previous levels, reflecting a cautious outlook amid regional holidays.
HANDYSIZE
Atlantic: The Handy market in the Atlantic saw mixed sentiment, with some prompt cargoes being covered. However, the South Atlantic and US Gulf struggled with limited inquiries and an expanding tonnage list.
Pacific: In the Pacific, activity remained positive, supported by tight tonnage availability and healthy cargo volumes, though further details on fixtures were limited.
Weekly Recaps
Commodities
Agri- Commodities:
11-15/08/25 Agri
Aug 18, 2025
Grain markets experienced another volatile week as political developments, trade disputes, and bearish USDA data drove sentiment. Early in the week, soybeans surged on speculation that Chinese buying might resume following Donald Trump’s extension of tariff pauses, but corn and wheat failed to follow. Export inspections painted a mixed picture, with corn and soybeans performing well while wheat lagged. The USDA’s August WASDE loomed large over the market, with traders bracing for higher yield estimates.
Freight
Freight Recap:
14/08/25
Aug 14, 2025
The dry bulk market presented a mixed performance this week, with the Supramax segment edging higher, Handysize holding steady with minor gains, and Panamax showing a regional split — weaker in the Atlantic, firmer in the Pacific.
Commodities
Agri- Commodities:
04–08/08/25 Agri
Aug 11, 2025
Grain markets swung sharply this week, rebounding midweek before easing, driven by yield outlooks, export data, and geopolitical headlines.
Freight
Freight Recap:
7/08/25
Aug 07, 2025
Port of Callao halted operations after an Evergreen ship lost 50 containers during rough weather. Meanwhile, July's freight data shows the market stuck in a supply-heavy “holding pattern,” with capacity expanding but pricing rising faster — suggesting a slow, uneven recovery in logistics and transportation
