Weekly Freight Recap: 16/01/25
Jan 16, 2025
PANAMAX Atlantic: The Atlantic market faced persistent challenges with limited demand from South America and an oversupply of tonnage. Northern regions saw fixtures concluded at discounted levels due to scarce activity, while grain trades struggled to hold steady. Ballaster positions remained under pressure, reflecting subdued sentiment.
Pacific: The Pacific market offered slightly more activity on longer routes, particularly NoPac runs, but shorter voyages faced significant rate pressure. Grain trades in the East provided some support, but overall, the market remained weak due to oversupply. Recovery is unlikely before increased coal trades and South American soybean exports boost activity.
SUPRAMAX Atlantic: Weak demand and abundant tonnage supply kept rates under pressure across the region. The US Gulf showed signs of stabilizing for transatlantic runs, but the Continent and Mediterranean markets remained quiet. Slight improvements in the South Atlantic were insufficient to balance the market.
Pacific: Soft demand and a growing tonnage list dominated, with owners adjusting expectations amid limited fresh cargo availability. Charterers continued to hold the upper hand across the basin. HANDYSIZE Atlantic: Activity was sparse across the US Gulf, South Atlantic, and Mediterranean regions, where excessive tonnage weighed heavily on sentiment.
Pacific: The market stayed under pressure, with Southeast Asia seeing a buildup of tonnage and limited demand. Rates remained weak with no signs of imminent recovery.
Weekly Recaps
Freight
Freight Recap:
13/11/25
Nov 13, 2025
The dry bulk market showed a mixed performance, with Handysize activity remaining limited, Supramax maintaining firmer sentiment, and Panamax extending its gains on stronger fundamentals. The Atlantic generally held a positive tone across most segments, while the Pacific remained steady but slower, with Asian Handysize and Supramax markets facing softer enquiry and longer tonnage lists. Period interest persisted in both Supramax and Panamax sectors, supported by balanced fundamentals and improving demand signals.
Commodities
Agri- Commodities:
03-07/11/25 Agri
Nov 10, 2025
Soybeans extended their rally on expectations of accelerating Chinese demand, while rumors of U.S. wheat sales to China lifted Chicago futures. Corn stayed firm after StoneX raised its U.S. yield estimate to 186.0 bu/acre, though many still expect revisions lower in upcoming reports. Harvest progress reached 91% for soybeans and 83% for corn, with winter wheat planting nearly complete at 91%.
Export inspections totaled 965k t of soybeans, 1.67 mmt of corn, and 350k t of wheat—broadly in line with expectations. Despite easing trade tensions, Chinese importers continued booking cheaper Brazilian soybeans, reportedly 20 cargoes for December through mid-2026. Kazakhstan’s agriculture ministry reported a 27.1 mmt total harvest, including 20.3 mmt of wheat, far above USDA’s 16 mmt estimate.
Freight
Freight Recap:
06/11/25
Nov 06, 2025
The dry bulk market experienced a generally softer tone this week, with most segments facing mild corrections. The Handysize and Supramax sectors saw limited fresh activity, while the Panamax market showed brief midweek stability before continuing its downward trajectory. Weak demand across basins and growing vessel availability placed pressure on rates, though select regional improvements offered some support.
Commodities
Agri- Commodities:
27-31/10/25 Agri
Nov 03, 2025
Grain markets opened the week firmer after upbeat headlines on a potential U.S.–China trade deal lifted risk appetite across commodities. The optimism came despite limited clarity on agricultural commitments and lingering pressure from weaker export data.
Russian wheat prices were slightly lower, while EU maize yields were trimmed further. In Argentina, the peso strengthened after President Javier Milei’s party secured a midterm victory. U.S. harvest progress advanced, though export inspections remained subdued.
