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:
13/11/25
Nov 13, 2025
The dry bulk market showed a mixed performance, with Handysize activity remaining limited, Supramax maintaining firmer sentiment, and Panamax extending its gains on stronger fundamentals. The Atlantic generally held a positive tone across most segments, while the Pacific remained steady but slower, with Asian Handysize and Supramax markets facing softer enquiry and longer tonnage lists. Period interest persisted in both Supramax and Panamax sectors, supported by balanced fundamentals and improving demand signals.
Commodities
Agri- Commodities:
03-07/11/25 Agri
Nov 10, 2025
Soybeans extended their rally on expectations of accelerating Chinese demand, while rumors of U.S. wheat sales to China lifted Chicago futures. Corn stayed firm after StoneX raised its U.S. yield estimate to 186.0 bu/acre, though many still expect revisions lower in upcoming reports. Harvest progress reached 91% for soybeans and 83% for corn, with winter wheat planting nearly complete at 91%.
Export inspections totaled 965k t of soybeans, 1.67 mmt of corn, and 350k t of wheat—broadly in line with expectations. Despite easing trade tensions, Chinese importers continued booking cheaper Brazilian soybeans, reportedly 20 cargoes for December through mid-2026. Kazakhstan’s agriculture ministry reported a 27.1 mmt total harvest, including 20.3 mmt of wheat, far above USDA’s 16 mmt estimate.
Freight
Freight Recap:
06/11/25
Nov 06, 2025
The dry bulk market experienced a generally softer tone this week, with most segments facing mild corrections. The Handysize and Supramax sectors saw limited fresh activity, while the Panamax market showed brief midweek stability before continuing its downward trajectory. Weak demand across basins and growing vessel availability placed pressure on rates, though select regional improvements offered some support.
Commodities
Agri- Commodities:
27-31/10/25 Agri
Nov 03, 2025
Grain markets opened the week firmer after upbeat headlines on a potential U.S.–China trade deal lifted risk appetite across commodities. The optimism came despite limited clarity on agricultural commitments and lingering pressure from weaker export data.
Russian wheat prices were slightly lower, while EU maize yields were trimmed further. In Argentina, the peso strengthened after President Javier Milei’s party secured a midterm victory. U.S. harvest progress advanced, though export inspections remained subdued.
