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:
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.
