Weekly Freight Recap: 27/02/25
Feb 27, 2025
PANAMAX Atlantic: The Panamax market faced downward pressure, with a lack of fresh inquiries in the North Atlantic and softer conditions in the South Atlantic. Tonnage availability increased due to reduced demand, particularly for fronthaul cargoes. Some owners sought to resist lower rates, but the overall sentiment remained weak, with limited fixtures reported.
Pacific: The Pacific market also softened as coal and grain volumes eased, while some cargoes shifted to larger vessels. Owners faced pressure to adjust offers downward, but charterers held back, expecting further corrections. Market activity remained subdued, with only a few fixtures emerging.
SUPRAMAX Atlantic: The Supramax market saw mixed conditions. The Mediterranean and Continent regions showed steady demand, while the US Gulf remained stable but lacked fresh momentum. The South Atlantic continued to balance between supply and demand, with owners trying to hold onto gains despite some downward pressure.
Pacific: The Pacific market remained firm, although sentiment appeared to be leveling off. Limited fresh inquiries in the Indian Ocean region kept rates stable, while Southeast Asia maintained healthy levels of demand. Period interest persisted, but confirmed fixtures were scarce.
HANDYSIZE Atlantic: The Handysize market maintained a steady pace, with the Continent and Mediterranean seeing gradual improvements. The South Atlantic remained active, although bid-offer spreads were flat. The US Gulf held stable, with market fundamentals unchanged from previous levels.
Pacific: The Pacific market showed mixed signals. While demand in North Asia slightly weakened, Southeast China experienced a modest rise in tonnage availability. Some fixtures were concluded at stable levels, but overall sentiment remained uncertain.
Weekly Recaps
Freight
Freight Recap:
13/11/25
Nov 13, 2025
The dry bulk market showed a mixed performance, with Handysize activity remaining limited, Supramax maintaining firmer sentiment, and Panamax extending its gains on stronger fundamentals. The Atlantic generally held a positive tone across most segments, while the Pacific remained steady but slower, with Asian Handysize and Supramax markets facing softer enquiry and longer tonnage lists. Period interest persisted in both Supramax and Panamax sectors, supported by balanced fundamentals and improving demand signals.
Commodities
Agri- Commodities:
03-07/11/25 Agri
Nov 10, 2025
Soybeans extended their rally on expectations of accelerating Chinese demand, while rumors of U.S. wheat sales to China lifted Chicago futures. Corn stayed firm after StoneX raised its U.S. yield estimate to 186.0 bu/acre, though many still expect revisions lower in upcoming reports. Harvest progress reached 91% for soybeans and 83% for corn, with winter wheat planting nearly complete at 91%.
Export inspections totaled 965k t of soybeans, 1.67 mmt of corn, and 350k t of wheat—broadly in line with expectations. Despite easing trade tensions, Chinese importers continued booking cheaper Brazilian soybeans, reportedly 20 cargoes for December through mid-2026. Kazakhstan’s agriculture ministry reported a 27.1 mmt total harvest, including 20.3 mmt of wheat, far above USDA’s 16 mmt estimate.
Freight
Freight Recap:
06/11/25
Nov 06, 2025
The dry bulk market experienced a generally softer tone this week, with most segments facing mild corrections. The Handysize and Supramax sectors saw limited fresh activity, while the Panamax market showed brief midweek stability before continuing its downward trajectory. Weak demand across basins and growing vessel availability placed pressure on rates, though select regional improvements offered some support.
Commodities
Agri- Commodities:
27-31/10/25 Agri
Nov 03, 2025
Grain markets opened the week firmer after upbeat headlines on a potential U.S.–China trade deal lifted risk appetite across commodities. The optimism came despite limited clarity on agricultural commitments and lingering pressure from weaker export data.
Russian wheat prices were slightly lower, while EU maize yields were trimmed further. In Argentina, the peso strengthened after President Javier Milei’s party secured a midterm victory. U.S. harvest progress advanced, though export inspections remained subdued.
