Weekly Freight Recap: 10/04/25
Apr 10, 2025
PANAMAX Atlantic: The market remained under pressure with falling rates driven by oversupply and limited fresh demand. While some activity was seen out of South America, it wasn’t enough to shift sentiment. Charterers maintained control, and offers remained far apart from bids, especially on transatlantic routes. Overall, market participants remained cautious, with attention also diverted by global financial uncertainty.
Pacific: Rates continued to slide amid a growing tonnage list and weak cargo activity from key regions like Indonesia and North Pacific. Although there were some fixtures ex-Australia, overall momentum stayed weak. Owners faced difficulty maintaining rate levels as demand lagged behind supply, keeping sentiment bearish.
SUPRAMAX Atlantic: The region saw limited fresh inquiry and continued pressure on rates, particularly for backhaul cargoes. Some areas remained balanced, like the South Atlantic, but overall mood was cautious. Owners were hesitant to reduce offers further, though little new business emerged to change the outlook.
Pacific: Activity slightly picked up following holidays in Indonesia, leading to more resistance from owners. However, the overall market stayed soft, with rates modest and gains limited. Fixtures emerged from Indonesia and East Kalimantan, but with no broad rebound in sight.
HANDYSIZE Atlantic: The market remained weak across the US Gulf and South America due to increased tonnage and insufficient demand. Europe stayed relatively stable but without notable improvements.
Pacific: Rates slipped further as pressure continued across Asia. The tonnage list grew longer while demand stayed thin, causing fixtures to trend below previous levels. Overall sentiment remained soft across the board.
Weekly Recaps
Freight
Freight Recap:
18/12/25
Dec 18, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
08-12/12/25 Agri
Dec 15, 2025
CBOT markets finished lower ahead of Tuesday’s WASDE, which was widely expected to lack bullish surprises. MATIF wheat was the exception, posting small gains. Russian 12.5% protein wheat FOB for January delivery edged up by $0.5 w/w to $227.5/t, according to IKAR. Geopolitical headlines remained in focus after Ukrainian President Volodymyr Zelenskiy said US-brokered peace talks remain stalled over security guarantees and control of eastern Ukraine, particularly the Donbas.
Freight
Freight Recap:
11/12/25
Dec 11, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
01-05/12/25 Agri
Dec 08, 2025
USDA announced no new flash sales, disappointing soybean markets. Weekly export sales remain delayed and have not yet reached the period covering the US–China trade deal, leaving the true pace of buying uncertain. CBOT corn and wheat eased, while March MATIF wheat posted small gains after finding support at intraday contract lows. ABARES raised Australia’s 2025/26 wheat, barley, and canola output, though the increases were broadly in line with expectations. Algeria’s OAIC issued a soft wheat tender for February shipment, and Russian wheat prices slipped again, with 12.5% FOB for January at $227/t.
