Weekly Freight Recap: 21/05/25
May 21, 2025
PANAMAX Atlantic: The Atlantic market remained under pressure, with transatlantic activity subdued and rates eroding further amid a growing list of prompt tonnage. Fronthaul demand from North Coast South America provided some support, but fixtures reflected easing sentiment. The bid-offer spread widened as charterers held back, and fixtures increasingly came in below previously reported levels.
Pacific: The Pacific market was largely flat, with adequate tonnage meeting limited fresh demand. Activity from NoPac and Australia remained steady but insufficient to absorb supply. Owners showed some resistance, hoping for a correction, but overall sentiment stayed weak as the market failed to find upward momentum.
SUPRAMAX Atlantic: The Atlantic Supramax market retained a steady tone, supported by demand in the US Gulf and South America. The Continent and Mediterranean, however, continued to lag with limited new enquiry. While volumes remained consistent in parts, the pace of fixing was slow, and sentiment appeared mixed depending on loading region.
Pacific: Asia remained soft, with limited new business and a long tonnage list weighing on rates. Southeast Asia and North Asia saw muted fixing, though some isolated cargoes provided small pockets of activity. The Indian Ocean maintained firmer levels, supported by steady demand from South Africa and into the Arabian Gulf, although overall activity was subdued.
HANDYSIZE Atlantic: The Handysize segment saw mild gains in most Atlantic regions. The Continent and Mediterranean moved slightly higher, while the US Gulf and South Atlantic markets remained balanced, helped by steady cargo flows and tighter prompt tonnage. Sentiment was stable to slightly firmer across the basin.
Pacific: The Pacific market also saw some improvement. Tighter vessel availability in Southeast Asia and the North Pacific encouraged stronger bids from charterers. While overall demand remained moderate, the regional tonnage balance tilted in favor of owners, lifting sentiment modestly across the board.
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.
