Weekly Freight Recap: 29/05/25
May 29, 2025
PANAMAX Atlantic: The Atlantic market struggled with weak sentiment throughout the week. Following recent holidays, demand remained soft and fresh cargoes were limited, particularly in the North. In the South, while some fixing activity was noted, oversupply of ships continued to weigh heavily on rates. Owners faced increasing pressure as charterers held firm, and some vessels were reported fixing below last done.
Pacific: The Pacific followed a similar trend, with a steady buildup of open tonnage and a lack of new business. Indonesian and Australian cargoes remained limited, leaving owners with few options. Sentiment weakened further as offers dropped and charterers waited for even softer levels. Overall, the market remained quiet, with little improvement in sight unless demand improves notably.
SUPRAMAX Atlantic: Supramax activity remained limited, with the South Atlantic lacking support and the Continent and US Gulf showing little fresh inquiry. A growing list of available vessels contributed to further downward pressure. While some trades were reported, the broader trend remained soft, and fixtures reflected a cautious tone from both owners and charterers.
Pacific: Asia continued to experience sluggish conditions. Southern regions were particularly quiet, with oversupply and limited cargoes leading to softer rates. Isolated fixtures emerged from South Africa and the Indian Ocean, but they did little to shift the overall weak sentiment. Period interest remained minimal, with confidence low across the board.
HANDYSIZE Atlantic: The Handy market in the Atlantic presented a mixed picture. The Continent and Mediterranean were quiet with little inquiry, while the South Atlantic showed weaker sentiment due to slow cargo flow. By contrast, the US Gulf market saw a more active week, with improved fixing levels helping to lift mood slightly.
Pacific: The Pacific remained relatively firm compared to other basins. A more balanced supply-demand situation, particularly in Southeast Asia, supported stable rates. While overall activity was not high, the region showed resilience, and owners were able to secure more favorable deals than in the Atlantic.
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.
