Weekly Freight Recap: 23/01/25
Jan 23, 2025
PANAMAX Atlantic: The Atlantic market remained sluggish with limited fresh demand and an oversupply of tonnage. Transatlantic and fronthaul routes saw muted activity, and rates continued to soften. South American volumes offered some promise but failed to impact rates meaningfully, while the US Gulf remained quiet.
Pacific: The Pacific market weakened further, with long tonnage lists and softening demand weighing on sentiment. NoPac grain activity slowed, and Australian and Indonesian trades struggled at low levels. Limited optimism exists for recovery before mid-February.
SUPRAMAX Atlantic: Weak demand and abundant tonnage supply kept pressure on rates across the region. The US Gulf, Mediterranean, and South Atlantic markets showed minimal activity, with little improvement in sight.
Pacific: The Pacific market faced high vessel availability and subdued demand, with little pre-Chinese New Year activity. Owners adjusted expectations downward amid scarce fresh cargo opportunities.
HANDYSIZE Atlantic: Activity in the Atlantic remained limited, with an oversupply of tonnage weighing on sentiment. The US Gulf, South Atlantic, and Mediterranean markets offered few opportunities.
Pacific: The Pacific market struggled with growing vessel lists and weak demand, particularly in Southeast Asia. Rates remained under pressure with no signs of recovery.
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
