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Dry bulk freight rates for Panamax vessels in the Atlantic continued to decline in the week to Wednesday September 4 on a scarcity of exports amid a high availability of shipping capacity.

Dry bulk freight rates for Panamax vessels in the Atlantic continued to ease in the week to Wednesday August 28 as the market continued to experience excess tonnage availability, with not enough demand to absorb it.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India were unchanged in the week to Wednesday August 28 on unchanged fundamentals amid pessimistic sentiment due to abundant tonnage, sources told Fastmarkets.

Dry bulk freight rates for Panamax vessels continued to fall in the week to Wednesday August 21 amid continued excess tonnage in the Atlantic and lower demand from South America.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India fell in the week to Wednesday August 21 on plentiful tonnage and limited fixing of stems.

Heavy buying activity for Chinese soybeans, and stock-building in the first half of 2024, create a risk of lower demand for US beans later in the year, which would weigh on freight rates, Fastmarkets heard on Tuesday August 20.

Water levels in the crucial northern rivers of Brazil have reportedly hit a critical low, but market sources believe this should not hurt a lower export program for corn and soybeans.

Dry bulk freight rates for Panamax vessels continued to fall in the week to Wednesday August 14 on an excess of available tonnage in the Atlantic.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India were unchanged in the week ended Wednesday August 14 amid available tonnage and limited inquiries from charterers.

Dry bulk freight rates for Panamax vessels continued to edge lower in the week to Wednesday August 7 due to excess tonnage and lackluster demand in the Atlantic basin.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India were largely static the week ended Wednesday August 7, amidst unchanged supply and demand fundamentals.

Dry bulk freight rates for Panamax-sized vessels eased slightly in the week to Wednesday July 31 in a subdued market.

Long-haul freight rates for vessels carrying palm oil cargoes from Southeast Asia to Europe fell in the week to Wednesday July 31, while rates India were flat on unchanged supply/demand fundamentals, Fastmarkets understands.

Dry bulk freight rates for Panamax-sized vessels rose slightly in the week to Wednesday July 24, with tonnage tightening in the Atlantic.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India fell in the week ended Wednesday July 24, with an increase in tonnage availability due to reduced competition from clean petroleum product (CPP) cargoes.

Dry bulk freight rates for Panamax-sized vessels rose slightly in the week to Wednesday July 10, with ship supply in the Atlantic beginning to be taken up by more cargoes.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India dipped in the week ended Wednesday July 17 on softer demand for tonnage.

Dry bulk freight rates for Panamax-sized vessels eased in the week to Wednesday July 10, with demand insufficient to employ the supply of vessels, although there were some signs of a recovery.

Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India were flat week of Wednesday July 10, on unchanged supply and demand fundamentals.

Dry bulk freight rates for Panamax-sized vessels were broadly stable in the week to Wednesday July 3 after several weeks of rises, with increased ship supply and slower exports continuing to weigh on rates.