Weekly Freight Recap: 27/03/25

Mar 27, 2025

PANAMAX Atlantic: The Panamax market remained firm, driven by strong demand from South America, particularly for fronthaul voyages. While there were reports of some cargoes fixing at slightly lower levels, overall sentiment stayed positive. Owners held firm on rates, and tonnage availability tightened, supporting the upward momentum.

Pacific: Earlier concerns over weaker coal demand faded as fresh cargo flows from Australia and Indonesia provided stability. NoPac grain demand also contributed to market strength. Owners maintained a firm stance on rates, and the market showed resilience despite seasonal pressures.

SUPRAMAX Atlantic: Conditions were mixed, with some improvement in demand from Europe, though fixing activity remained limited. The US Gulf and South America saw balanced conditions, with sentiment varying by region. Rates remained steady, with some interest in longer voyages, but the overall pace of activity was slow.

Pacific: The market continued to face downward pressure, with limited fresh inquiry and a buildup of available vessels. Owners and charterers had differing expectations, making negotiations more difficult. While some fixtures were reported, market sentiment remained cautious.

HANDYSIZE Atlantic: The European market held steady, while the South Atlantic and US Gulf saw little change. Activity levels remained similar to previous days, with no significant shifts in rates or sentiment.

Pacific: Despite a buildup of tonnage, steady demand helped absorb available capacity. Southeast Asia and the North Pacific showed some stability, though movements were gradual. Some period activity emerged, but details remained limited.

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.

Commodities

Agri- Commodities:
15-19/09/25 Agri

Sep 22, 2025

Corn prices plunged to start the week, erasing Friday’s surge and realigning with USDA’s supply outlook. Wheat and soybeans briefly rallied on news of an upcoming Trump–Xi call but lost momentum as doubts over Chinese buying resurfaced.

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