Weekly Freight Recap: 05/06/25
Jun 05, 2025
PANAMAX Atlantic: The Panamax Atlantic market showed signs of a strong rebound, especially in both the North and South where firmer bids and tightening tonnage contributed to rising sentiment. Fixtures suggested that some charterers may have overplayed their hand, triggering a jump in rates. Grain cargoes out of EC South America remained a key driver, with premiums being paid for prompt tonnage. Overall, sentiment improved significantly, and next done levels are expected higher.
Pacific: In Asia, activity picked up slightly, though the market remained mixed. The wide bid-offer spread continued to cause hesitation, but sentiment improved somewhat thanks to increased exports from South America. Regional holidays slowed progress earlier in the week, but rate levels held steady overall, supported by minor improvements in coal cargo flows
SUPRAMAX Atlantic: Supramax activity in the Atlantic was subdued overall, with the Continent-Mediterranean seeing minor improvement while the South Atlantic and US Gulf stayed under pressure. Some isolated fixtures were reported, such as cement trips into the US Gulf, but the overall market tone remained flat. Support pockets emerged from specific trades, though tonnage oversupply limited any meaningful upward push.
Pacific: Asia remained weak, with little change in market dynamics. Holiday-related slowdown and a muted cargo book continued to weigh on sentiment. Few fixtures were reported, and rates stayed broadly unchanged, reflecting lack of fresh demand and persistent vessel oversupply.
HANDYSIZE Atlantic: The Handysize Atlantic market was relatively balanced. While the Continent and Mediterranean held flat, a slight improvement was observed in the South Atlantic due to tightening tonnage. The US Gulf showed ongoing momentum, supported by fresh cargoes and fewer available vessels. Several fixtures showed rates holding or trending upwards, especially into the Mediterranean.
Pacific: The Pacific Handy market remained stable. Conditions were steady, but growing vessel supply relative to demand kept rates flat. Some salt and mineral cargoes were reported, though no significant shift in fundamentals occurred. Fixtures showed limited rate movement despite ongoing interest from charterers.
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.
