Weekly Freight Recap: 13/02/25
Feb 13, 2025
PANAMAX Atlantic: The market remained under pressure with weak demand and an oversupply of tonnage, particularly in the North Atlantic. Limited fresh cargo made it difficult for owners to secure strong rates, with charterers holding the upper hand in negotiations. In the South Atlantic, sentiment remained negative, with further corrections for forward positions, particularly for vessels ballasting to East Coast South America.
Pacific: The Pacific market showed some stability, supported by consistent demand from NoPac and Australia. However, overall sentiment was cautious, and rates remained under pressure amid broader market uncertainties. There was some improvement in Indonesian coal activity, which helped absorb tonnage, but fundamentals remained largely unchanged.
SUPRAMAX Atlantic: The Atlantic market maintained positive momentum, with increasing interest in the US Gulf and stronger sentiment in the South Atlantic. However, fixing details were limited, and while the US Gulf remained firm, there were signs it might be leveling off. The Continent and Mediterranean markets remained balanced, with stable demand.
Pacific: The Asian market saw fresh activity, particularly in coal cargoes from Indonesia to India and China. Owners were able to push for slightly stronger rates as demand remained steady. The Indian Ocean remained positional, with some securing improved levels. Period interest increased, reflecting growing confidence in the market.
HANDYSIZE Atlantic: The Atlantic market maintained positive momentum, with increasing interest in the US Gulf and stronger sentiment in the South Atlantic. However, fixing details were limited, and while the US Gulf remained firm, there were signs it might be leveling off. The Continent and Mediterranean markets remained balanced, with stable demand.
Pacific:The Asian market saw fresh activity, particularly in coal cargoes from Indonesia to India and China. Owners were able to push for slightly stronger rates as demand remained steady. The Indian Ocean remained positional, with some securing improved levels. Period interest increased, reflecting growing confidence in the market.
Weekly Recaps
Freight
Freight Recap:
17/07/25
Jul 17, 2025
Shipping markets confront growing disruption amid unexplained Russian bank freezes and impending US trade tariffs, complicating payments and trade between key regions.
Commodities
Agri- Commodities:
07–11/07/25 Agri
Jul 14, 2025
Grain markets fell on favorable U.S. weather and better crop ratings. Corn dropped to a one-week low; wheat declined as harvest reached 53%. Soybeans were steady, supported by strong export demand and positioning ahead of pollination. USDA data showed higher corn and soybean export inspections, including firm soybean export demand. New corn sales to Mexico and a wheat agreement with Indonesia also added to the day’s developments. Market watched updated crop ratings, fund moves, tariffs, and EU trade data.
Freight
Freight Recap:
10/07/25
Jul 10, 2025
Shipping markets continue to face growing security risks. Two alarming incidents were reported in the Red Sea, where a Greek-operated bulk carrier was seriously damaged by a sea drone attack, resulting in injuries and crew missing.
Commodities
Agri- Commodities:
30–04/07/25 Agri
Jul 07, 2025
The week began with growing consensus that the USDA’s upcoming acreage revisions will have minimal impact on U.S. corn and soybean supply estimates. This outlook kept prices largely steady in those markets. Wheat continued to face pressure, with September and December MATIF milling wheat futures falling to new contract lows before recovering slightly, supported only by the lack of fresh bearish information from the USDA.
