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:
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.
