The shipping industry continues to experience significant fluctuations as supply and demand dynamics shape freight rates across various sectors. According to the latest report from Intermodal for Week 13 of 2025, notable variations have been recorded in the performance of different types of vessels, from bulk carriers to tankers and containerships.
Dry Bulk Market Overview
The dry bulk shipping segment displayed mixed results, with varying ship sizes affected by different factors:
- Capesize: Freight rates increased due to a rise in Chinese demand for iron ore from Australia and Brazil. The average daily earning jumped by 8% compared to the previous week, reaching $22,500 per day.
- Panamax: A decline was observed due to reduced activity in grain exports from South America. Freight rates fell by 5%, with average daily earnings settling at $13,700.
- Supramax & Handysize: These vessel types faced pressure from a slowdown in the European market, with rates decreasing by 3-4%. Uncertainty in exports to North Africa and a deceleration in economic activity in key trading areas negatively impacted their performance.
Tanker Market Insights
- VLCC (Very Large Crude Carriers): Freight rates significantly increased by 10% due to high oil transportation activity from the Middle East to Asia. Growing demand from refineries in China and India supported the rates, with average daily earnings reaching $50,000.
- Suezmax: There was a slight decrease in freight rates, primarily due to declining demand in West Africa and Europe. Rates fell by 3%, hovering around $35,000 per day.
- Aframax: A 6% drop in freight rates was recorded, influenced by low activity levels in Northern Europe and the U.S. The reduced demand for short-haul oil transport adversely affected the market, dragging daily earnings below $30,000.
Containership Market Update
The containership market showed signs of stabilization but with downward trends:
- Feeder Containerships: Freight rates remain stable; however, there is pressure on short-term contract prices as the global supply chain grapples with decreased demand in key markets.
- Asia-Europe Routes: These routes remain under pressure, as consumer demand slows down, keeping freight rates slightly lower than in previous weeks. The prices for a 40 ft container decreased by 4% compared to last month, with rates ranging from $1,800 to $2,200 per container.
Conclusion
The shipping market remains volatile, influenced by various factors ranging from global economic trends to regional demand. Keeping a close eye on these dynamics will be essential for stakeholders looking to navigate the complexities of the industry. Whether in the dry bulk, tanker, or containership sectors, understanding the nuances of each will be crucial for strategic decision-making in the coming weeks.
