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
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.
