Weekly Freight Recap: 12/06/25
Jun 12, 2025
PANAMAX Atlantic: The Panamax Atlantic market strengthened further, particularly in the North where limited tonnage availability led owners to raise offers. Charterers showed some resistance, but firmer bids began to appear, hinting at further upside. Fronthaul demand remained a key driver, while the South Atlantic appeared more mixed with less momentum. Overall, the northern part of the basin provided the strongest support, keeping sentiment buoyant.
Pacific: In Asia, confidence improved across the board. Consistent coal demand out of Indonesia and Australia helped clear prompt vessels, with rates trending upward. Despite some variation across trades, the overall tone was firm. Owners pushed for higher levels as enquiries grew, widening the bid-offer spread. Market participants remained cautiously optimistic heading into the new week.
SUPRAMAX Atlantic: The Supramax Atlantic market stayed quiet, though select pockets such as the US Gulf showed signs of strengthening. South America also gained attention, yet fixing activity was still limited. Brokers noted an uptick in enquiries but reported few concluded deals. Sentiment held steady, with owners hoping tighter tonnage may soon support firmer rates.
Pacific: Asia remained under pressure. Vessel oversupply and thin cargo availability kept rates from advancing, despite a few isolated fixtures. Indonesian coal trades continued to set the tone, but the wider market lacked momentum. Owners remained defensive, though signs of stability appeared by week’s end, particularly in Indian Ocean-related trades.
HANDYSIZE Atlantic: The Handy market in the Atlantic was balanced overall. The Continent and Mediterranean saw little change, with rates largely in line with recent fixtures. The South Atlantic held steady, while the US Gulf remained more active and benefited from strong cargo flows. The region continued to provide relative support to the broader segment.
Pacific: Asia saw muted activity, with market participants reporting a growing list of open ships. While demand remained weak, rate levels were mostly steady. Few fixtures emerged, and no major shifts in sentiment were observed, keeping the Pacific market in a holding pattern.
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.
