Weekly Freight Recap: 18/04/25
Apr 18, 2025
PANAMAX Atlantic: 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. Pacific: Conditions remained soft in the Pacific with limited fresh inquiry from North Pacific and Indonesia. A growing tonnage list and lack of consistent cargoes widened the gap between bids and offers. Owners struggled to maintain levels as overall market sentiment remained bearish.
SUPRAMAX Atlantic: The Atlantic remained under pressure, especially for backhaul routes, where demand was minimal. Although the South Atlantic showed a more balanced position, owners were reluctant to discount further. The broader region lacked momentum, with few new fixtures reported and sentiment staying subdued. Pacific: The Pacific saw limited movement as demand stayed weak, particularly out of Indonesia. Owners held firm on rates in some areas like the Indian Ocean and Mediterranean, but the overall mood was quiet. A lack of new cargo kept the region flat, with participants hesitant to commit.
HANDYSIZE Atlantic: The Atlantic market was mixed. The Continent and Mediterranean stayed mostly stable, with slight gains in some areas. The South Atlantic saw a touch of fresh demand, which helped support rates slightly. In contrast, the US Gulf continued to weaken under increasing vessel availability and lack of new business. Pacific: Asia remained quiet with limited new inquiry. The tonnage list continued to build, and rates slipped slightly below last done levels. With little improvement in sight, owners faced limited options in a subdued market environment.
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.
