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6 Feb 2025 | Masha Belikova
Freight rates from the Black Sea region have been on a steady decline since September 2023, moving well below levels before the full-scale Russia-Ukraine war, sources told Fastmarkets.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean rose in the week to Wednesday February 5, as gains in demand for ships from China and in Brazil helped support the market after the Lunar New Year.
29 Jan 2025
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell to multi-year lows in the week to Wednesday January 29, as the Lunar New Year holidays further weakened the market.
22 Jan 2025
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean eased again in the week to Wednesday January 22, while a long tonnage list and sluggish exports continued to weigh on costs.
22 Jan 2025 | Min Jie Yaw
Freight sentiment for vessels carrying palm oil cargoes within Asia remained tepid in the week to Wednesday January 22 on still soft export demand, sources told Fastmarkets.
21 Jan 2025 | Eoin Hughes
Yemen’s Houthi movement said on Monday January 20 that they will end attacks on non-Israeli shipping in the Red Sea, but, according to experts, it is unclear whether or how quickly rerouted vessels will return to the region.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean eased again in the week to Wednesday January 15, as an increase in available tonnage weighed on rates.
15 Jan 2025 | Min Jie Yaw
Freight for vessels carrying palm oil cargoes within Asia was stable to down in the week to Wednesday January 15 on unchanged fundamentals.
8 Jan 2025 | Eoin Hughes
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean rose over the Christmas period into Wednesday January 8.
8 Jan 2025 | Min Jie Yaw
Freight sentiment for vessels carrying palm oil cargoes within Asia softened in the week to Wednesday January 8 on weaker demand from palm oil charterers and abundant tonnage.
30 Dec 2024 | Eoin Hughes
With the freight market looking ahead to 2025, the issues posed by a Trump presidency, a potential slowing of global trade and new climate policies have come into focus.
30 Dec 2024 | Masha Belikova
Freight rates for grain cargoes out of Ukraine have been falling since mid-October, and first time since the full-scale war started, have dropped below Russian rates into key African destinations, trade sources told Fastmarkets.
24 Dec 2024 | Min Jie Yaw, Tim Worledge
High palm oil stocks in key importing countries, relatively high prices of palm products versus other vegetable oils and uncertainty around European legislation all brought downward pressure to palm oil freight rates in 2024, as soft demand weighed on freight movements.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell in the week to Wednesday December 18, with slow exports continuing to weigh on rates.
12 Dec 2024 | Eoin Hughes
Freight rates in the North and South Atlantic have dropped consistently since mid-October and are down by almost 25% year on year. Several factors explain the dramatically weaker rates, including less cargo in the Atlantic, a lack of logistical issues and slower demand from China, Fastmarkets understands.
11 Dec 2024 | Eoin Hughes, Yuriy Sirosh
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean recovered slightly in the week to Wednesday December 11.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean remained at recent lows in the week to Wednesday December 4, with a lack of export cargoes and high tonnages continuing to hold rates down, Fastmarkets has heard.
4 Dec 2024 | Min Jie Yaw
Freight rates for vessels carrying palm oil cargoes within Asia were flat in the week to Wednesday December 4, on unchanged fundamentals with demand from charterers still soft but shipowners still unwilling to lower rates.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell to new lows in the week to Wednesday November 27, with slow exports still not absorbing tonnage and weighing on rates.
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