Dry bulk freight rates for Panamax vessels in the Atlantic Ocean rose in the week to Wednesday, February 19, as increased cargo demand in the Americas supported rates. Freight rates for the Brazil-Northeast Asia route rose by $1.90 per tonne week on week to $34.70 per tonne, while prices for the US Gulf-Northeast Asia route […]

Fastmarkets has launched this price in response to customer demand for freight rate information for Panamax vessels carrying corn and soybeans from the US to Japan. The price includes historical data starting from September 2022. FM-FRT-0032 Freight Pacific Northwest-JapanLocation: FOB, US Pacific Northwest to JapanTiming: Shipment the next calendar monthUnit: USD per tonnePublication: Weekly, Wednesday 1pm […]

Fastmarkets has launched this price in response to customer demand for freight rate information for Panamax vessels carrying corn and soybeans from the US Gulf to Japan. The price includes historical data starting from September 2022. FM-FRT-0031 Freight US Gulf-JapanLocation: FOB, US Gulf to JapanTiming: Shipment the next calendar monthUnit: USD per tonnePublication: Weekly, Wednesday 1pm […]

Strong export activities contribute to spike

Renewed restrictions on the Panama Canal curb shipping expectations

Increasing export volumes from Brazil and continued delays at the Panama Canal support demand

Lower US crop and stronger crush margins drive demand

Buying interest from India for June and July-September volumes picks up

New changes to draft permissions could allow part of the cargo fleet to go directly to the Black Sea through the Bystre canal

Inspection delays along the grain corridor and ongoing uncertainty related to the agreement continue to make trade difficult