Weekly Freight Recap: 03/04/25
Apr 03, 2025
PANAMAX Atlantic: The market showed mixed signals, with some resistance from owners despite growing pressure on certain trades. Demand from South America remained steady, preventing a sharp decline in vessel employment in Southeast Asia. However, the North Atlantic continued to see an increase in available tonnage, with fewer fresh cargo inquiries, leading to a more cautious outlook.
Pacific: Uncertainty persisted, with slowing cargo interest from key loading regions, partly due to holiday disruptions. While owners held firm on rate expectations, declining demand for shipments from North America and Australia added to concerns. The upcoming wave of exports from South America is expected to provide short-term support, though macroeconomic factors and reduced coal shipments continue to weigh on long-term sentiment.
SUPRAMAX Atlantic: Market conditions remained uneven, with the US Gulf and South America presenting varied opportunities. While transatlantic runs showed some improvement, overall sentiment remained fragile. The European market remained subdued, with slow demand and limited fixtures.
Pacific: Tonnage availability continued to rise, while fresh inquiries were scarce. The region remained under pressure, and despite occasional fixtures, there were few signs of a broader market shift. Global holidays contributed to the slower pace of activity.
HANDYSIZE Atlantic: The market remained relatively unchanged, with stable fundamentals in Europe. While there was some fresh demand in the US Gulf and South America, it was not enough to significantly impact overall availability. Rates held steady without major fluctuations.
Pacific: The region also saw little movement, with a buildup of tonnage but no significant changes in demand. Cargo availability remained consistent with prior levels, and overall market sentiment remained cautious.
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.
