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:
18/04/25
Apr 18, 2025
The Atlantic market saw further pressure with rates declining across most routes. Despite some vessel movement toward South America on hopes of stronger grain activity, this has not translated into stronger sentiment. The region remains oversupplied, and charterers continue to dictate terms, keeping offers low and confidence weak.
Commodities
Agri- Commodities:
7/4- 11/4/25 Agri
Apr 15, 2025
Grain markets began the week relatively stable, despite heightened volatility in U.S. financial markets. The threat of escalating trade tensions between the U.S. and China remained a significant concern, as President Trump proposed additional tariffs on Chinese imports. In the grain markets, U.S. export inspections for soybeans and corn were strong, while wheat inspections fell short of expectations.
Freight
Freight Recap:
10/04/25
Apr 10, 2025
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.
Commodities
Agri- Commodities:
31/3- 4/4/25 Agri
Apr 07, 2025
Grain markets kicked off the week digesting the USDA’s planting intentions report, which offered mild support to wheat and modest pressure on corn. However, corn still managed to finish higher for the old crop, while soybeans slipped slightly. Export inspections showed strong performance for corn and solid showings for wheat and soybeans. Winter wheat conditions held steady in Kansas but declined in Texas and Oklahoma. Market attention began shifting toward President Trump’s anticipated tariff announcement, raising questions over potential trade fallout.
