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:
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.
