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Weekly Market Report & Predictions: Handy and Ultramax Sectors 9th August 2025

Iakovos (Jack) Archontakis

Senior Maritime Strategy Consultant & Chartering Executive

& Commercial Director

TMC SHIPPING

Navigating the Currents of Global Trade

In the ever-evolving seascape of dry bulk shipping, market movements can be as swift and unpredictable as the tides.  Every fixture, every cargo flow, every whisper from a port agent can alter the direction of the voyage.

This week, as we scanned the horizon, the Handysize and Ultramax sectors revealed a mix of favorable winds and headcurrents—offering opportunities for those with a steady hand on the helm. Whether you're a shipowner plotting your next charter or a trader watching freight ticks like a barometer, this market snapshot offers insights you won't want to miss.

A Logbook of the Week’s Voyages

Handysize Sector Overview

US Gulf / US East Coast (USG/USEC)
The week opened on a high tide with active fixing, but by midweek, the momentum had ebbed. Market sentiment remains cautiously neutral as we set course for the next reporting period.

East Coast South America (ECSA)
A tale of two decks: Spot-positioned vessels were compelled to adjust their sails—accepting discounted rates to stay afloat. In contrast, prompt & bit later dates vessels sailed on more favorable winds. Expect a more balanced sea state ahead.

Northern Europe (Continent/NWE)
Fresh grain flows, especially from the Baltic, kept the logbook full. Yet, an oversupply of ships anchored rate improvements. A trim in available tonnage could lift the sails next week.

Mediterranean
Charterers dropped anchor with their own vessels, and the lull in new requirements nudged rates slightly astern. West Med fared better, buoyed by options in the USG, ECSA, and Continent. A hint of optimism is in the breeze.

Middle East Gulf / India (MEG/India)
Calm seas and low cargo activity dragged rates down. Unless new wind fills the order books, the bearish tide may linger.

Southeast Asia / Far East (SE Asia/FE)
Minor southern corrections and stable northern waters defined the week. With mid-August cargoes on the radar, hope is sailing just beyond the horizon.

Ultramax Sector Overview

US Gulf / US East Coast (USG/USEC)
Select trade lanes (notably India and East Med) offered premium freight, holding the market on steady bearings. An uptick in available tonnage has paused the climb, but limited ballasters suggest continued strength in the weeks ahead.

East Coast South America (ECSA)
The north continues to ride a tight tonnage tide, while southern waters remain quieter but supported by Panamax cargoes. A firm course is forecasted, particularly above the equator.

Northern Europe (Continent/NWE)
Positive USG sentiment is pulling tonnage from northern harbors. Combined with end-of-week cargo movements, the region is steering toward bullish waters.

Mediterranean
West Med rallied, aided by strong flows and support from transatlantic routes. East Med also saw firmer ground, especially in Non-HRA trades. The market here is holding fast.

South Africa
No squalls, no surges. Fixtures remain steady, if slightly under the previous mark. Expect flat conditions in the coming stretch.

Middle East Gulf / India (MEG/India)
Early-week tightening offered promise, but the breeze slackened midweek. A push in demand is needed to regain upward momentum.

Southeast Asia / Far East (SE Asia/FE)
A bullish northern lift—driven by fresh NOPAC cargoes—opened the week, though the calm returned by week's end. Southern waters held firm, registering marginal gains.

Stay on Watch
The dry bulk market is never still. It swells, surges, and sometimes slumbers—but it never truly sleeps. For those of us who read between the waves and chart trends before they crest, these updates aren't just data—they’re the compass by which we navigate opportunity.

Steady winds, and stronger returns.
Until next time , keep a weather eye on the freight horizon.

Disclaimer

This report is for informational purposes only and does not constitute investment advice.