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
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
