Weekly Freight Recap: 26/06/25
Jun 26, 2025
PANAMAX
The Panamax market continued to show resilience this week, holding around the USD 12,800/day level on the 5TC index. Gains were seen across both basins, driven by steady demand and tightening tonnage in key loading areas.
In the Atlantic, sentiment remained firm — particularly in the North — where front-haul activity added pressure to already thinning tonnage lists. The South also saw healthy premiums for later positions, though limited fixing data kept clarity subdued.
The Pacific followed suit, with continued strength out of Australia and Indonesia helping to lift rates. NoPac rounds and Indonesian trips drew decent support, especially for well-positioned, modern units. While underlying cargo volumes haven’t expanded significantly, the balance between supply and demand remains supportive, and overall sentiment going into next week is cautiously optimistic.
SUPRAMAX
The Supramax market posted modest gains this week, led by a more active Pacific. Indonesia and NoPac demand helped maintain upward pressure, with owners showing more resistance in rate discussions.
The Atlantic remained mixed — the US Gulf saw softer sentiment amid limited enquiry and growing prompt supply, while the South Atlantic was more stable, underpinned by fronthaul interest and a tighter list. Some improvement was also noted in the Continent-Med region, though still far from robust.
Period activity surfaced again, particularly in Asia, suggesting improving confidence in the near-term market direction. The 11TC average ended the week at USD 12,567, reflecting a cautiously firmer tone.
HANDYSIZE
The Handysize market stayed broadly positive, with the South Atlantic and US Gulf continuing to offer the most support. Fresh demand and thinning tonnage helped drive some upward movement, while the Continent and Mediterranean remained subdued with flat activity levels.
The Pacific market remained steady, with slight increases in cargo flow keeping rates firm and owners generally holding ground. Positional sentiment continues to play a key role, and while gains were not significant, the tone remains constructive.
The 7TC index climbed to USD 11,401 by week’s end, supported by a healthier overall balance 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.
