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:
2/10/25
Oct 02, 2025
The dry bulk market displayed mixed conditions, with Handysize maintaining its upward momentum, Supramax undergoing further corrections, and Panamax continuing to weaken across both basins. Atlantic activity showed some resilience in smaller segments, while Asia was muted due to regional holidays. Broader sentiment in larger segments remained under pressure, influenced by excess tonnage and soft FFA signals.
Commodities
Agri- Commodities:
22-26/09/25 Agri
Sep 29, 2025
Grain markets opened the week under pressure after Argentina suspended export taxes on soy, corn, wheat, and by-products. The move sparked expectations of aggressive short-term sales, sending Chicago wheat to fresh contract lows and weighing on soybeans and soy products. MATIF wheat held just above recent lows ahead of Algeria’s tender, though sentiment remained weak as U.S. futures fell again and the euro strengthened to 1.18. U.S. inspections showed lighter soybean and corn volumes, while wheat topped expectations. Crop progress confirmed steady harvest advances but slight condition declines, with winter wheat planting just behind forecasts.
Freight
Freight Recap:
25/09/25
Sep 25, 2025
The dry bulk market showed a split tone. Handysize remained constructive on selective strength, Supramax was steady-to-softer with Atlantic support offset by Pacific pressure, and Panamax firmed on the day with more activity in both basins.
