Weekly Outlook

Freight Rates Slide for 10th Week as Blank Sailings Lose Impact

  • 48 blank sailings announced between weeks 12 and 16, out of 714 scheduled sailings (7% cancellation rate).
  • Transpacific Eastbound accounts for the highest share of cancellations (48%), followed by Transatlantic Westbound (27%) and Asia-North Europe & Med (25%).
  • Schedule reliability expected to drop, with 93% of vessels operating on time over the next five weeks.
Weekly Analysis – 14 March 2025Blank Sailings Snapshot

Drewry’s latest Cancelled Sailings Tracker reports 48 blank sailings across the...

https://mfame.guru/freight-rates-slide-for-10th-week-as-blank-sailings-lose-impact/

Dry Bulk Market Update: Capesize, Panamax, And Supramax Trends

  • Pacific region: Cargo volume remains limited from East Australia and other Pacific sources, but West Australia has seen strong activity for late March and early April.
  • Atlantic (C3 – Brazil/West Africa): Few remaining inquiries for early April (1-10), with most fixtures shifting to mid-to-late April.
  • Tightening tonnage in the Pacific as several vessels were cleared out by miners/operators and port closures in CJK/North China have further restricted availability.
  • Ballasting vessels are...

https://mfame.guru/dry-bulk-market-update-capesize-panamax-and-supramax-trends/

Ningbo Containerised Freight Index Shows Mixed Trends in February 2025

The Ningbo Containerised Freight Index (NCFI), a key indicator for container shipping rates, has revealed some fluctuations in global shipping prices for the week ending February 28, 2025. Compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, the index covers rates for 20ft, 40ft, and Hi Cube containers, offering insights into market trends and pricing movements across various shipping routes.

Key Highlights
  • Ningbo to Europe: The shipping rate from Ningbo to Europe saw an...

https://mfame.guru/ningbo-containerised-freight-index-shows-mixed-trends-in-february-2025/

Fearnleys Weekly Report

  • VLCC rates fluctuate in the East, dip in the West amid weak USG activity
  • Suezmax rates pressured by rising West Africa supply and limited demand
  • Aframax market remains steady with limited activity during IE week
  • Charterers hold leverage in USG as tonnage availability increases
VLCC


A quiet week East of Suez with volatility persisting in the market. Rates fluctuate but remain in the high WS 50s to China. In the West, a lack of USG activity has led to growing tonnage and slight rate drops, with...

https://mfame.guru/tanker-market-sees-vlcc-volatility-suezmax-weakness-aframax-stability-2/

Volatility is Back in LNG Shipping Markets

The UP World LNG Shipping Index (UPI) fell 1.79% (3.01 points) to 165.38, tracking broader market weakness as the S&P 500 dropped 1.66%. Heightened volatility followed shifts in U.S. policy, raising investor concerns despite potential benefits for LNG shipping. UPI failed to break the 169-point resistance level, with trading volumes remaining below average. Several companies are nearing or breaking key support levels, reflecting increased uncertainty in the sector, reports UP-Indices.

UPI vs....

https://mfame.guru/volatility-is-back-in-lng-shipping-markets/

Market Insights: Dry Cargo, Tankers, and S&P Sales Trends

  • The Newcastlemax segment remains stable despite a broader decline in the dry bulk market, with key sales maintaining competitive pricing.
  • The tanker market experiences fluctuations driven by geopolitical developments, with VLCC pricing showing a strong premium for scrubber-fitted vessels.
  • The S&P market sees active transactions across bulkers, tankers, and multipurpose vessels, reflecting shifting asset values and buyer preferences.

The Newcastlemax sector continues to demonstrate...

https://mfame.guru/market-insights-dry-cargo-tankers-and-sp-sales-trends/

LNG and LPG Markets Show Mixed Trends Amid Renewed Activity

  • LNG market showed renewed activity, with Atlantic basin 2-stroke tonnage seeing gains.
  • LPG rates rebounded, especially on the Ras Tanura–Chiba route, but volatility persists.
  • Term LNG rates declined slightly, while LPG market showed mixed earnings trends.
LNG
  • The LNG market saw increased movement before IE week, with Atlantic gains and Pacific stability.
  • BLNG1 Gladstone–Tokyo: 174k cbm vessels remained at $10,900/day, while 160k cbm vessels rose by $200 to $5,400/day.
  • BLNG2 Sabine–UK...

https://mfame.guru/lng-and-lpg-markets-show-mixed-trends-amid-renewed-activity/

Weekly Market Monitor: VLCC Supply Crunch Fuels Freight Rate Surge

  • The net supply of Very Large Crude Carriers (VLCCs) has declined from the highs of 2023 and early 2024, leading to a significant increase in freight rates.
  • Factors such as OPEC policies, U.S. Federal Reserve decisions on interest rates, and China’s economic performance are crucial in shaping oil demand and tanker market conditions.
  • Despite a projected slowdown in its growth rate, China continues to influence oil import levels, while emerging economies like India are playing a larger role.
  • VLCC...

https://mfame.guru/weekly-market-monitor-vlcc-supply-crunch-fuels-freight-rate-surge/

Energy Tariffs & Tankers: A Market in Flux

  • MEG-China VLCC rates soared by 30% in a week, fueled by oil price volatility and trade concerns.
  • The US paused tariffs on Canadian and Mexican oil, stabilizing short-term crude flows but leaving Q2 2025 uncertain.
  • Aframax demand in Canada remains strong, but potential tariffs could drive a shift to Suezmax tankers for longer-haul routes.

The crude oil freight market remains turbulent, with VLCC rates surging on the MEG-China route. Market sentiment is stabilizing despite tonne-day demand...

https://mfame.guru/energy-tariffs-tankers-a-market-in-flux/

U.S.-Europe Coal Shipments Drop as 2025 Starts Weak

  • U.S.-Europe coal shipments declined by 4.5% in 2024, with a weak start in 2025, reflecting reduced European demand and regulatory constraints.
  • Freight rates across vessel classes continued to fall, with Capesize rates down 23% YoY and Panamax rates dropping 25% YoY.
  • Port congestion in China saw a sharp decline, especially for Capesize vessels, signaling reduced demand and lower dry bulk activity.

Coal exports from the U.S. to Europe saw a 4.5% YoY decline, dropping from 26.4M tonnes in 2023 to...

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