Weekly Freight Recap: 28/02/25
Feb 28, 2025
PANAMAX Atlantic: The Panamax market maintained its positive momentum, following typical seasonal trends. The North Atlantic remained steady, with limited vessel availability supporting owners’ expectations. In contrast, the South Atlantic saw a more dynamic market, with increasing demand driving improved sentiment and stronger negotiations.
Pacific: The Pacific market experienced further gains, supported by a tight balance between vessel supply and demand. Grain and mineral cargoes continued to see healthy interest, contributing to the firming market. Future sentiment remains optimistic, with expectations of further strengthening as the month progresses. Period activity also saw increased interest, reflecting confidence in market conditions.
SUPRAMAX Atlantic: The Atlantic Supramax sector remained active, although some signs of stabilization appeared in the US Gulf as fresh inquiries slowed. The Mediterranean market held steady, while the South Atlantic remained balanced with a mix of opportunities. Fixture activity continued, with vessels securing steady employment for regional and long-haul trades.
Pacific: Asia continued its upward trend, with strong demand supporting higher rates. An increase in backhaul business further contributed to market stability, while period interest remained firm. The regional market remained competitive, with charterers actively pursuing available tonnage.
HANDYSIZE Atlantic: The Handysize market remained firm across the Atlantic, with steady demand in both the North and South. The US Gulf and South Atlantic continued to see stable activity, while the Continent and Mediterranean recorded slight improvements. Owners maintained confidence in rate levels, leading to firm negotiations.
Pacific: The Pacific market saw increased activity, particularly in North China and Southeast Asia, where vessel supply tightened. Spot demand remained healthy, supporting firmer levels. There was also a rise in interest for period employment, indicating stable longer-term market expectations.
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.
