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Signal Ocean's weekly report shows Capesize tonne-day growth in Q2 2025, especially on Atlantic Americas to Far East voyages. C3 (Brazil to China) rates fell as ballast vessel activity rose in the South Atlantic.
Rio Tinto reported its lowest first-half profit in five years amid softer iron ore prices.
Rising ballast tonnage in the South Atlantic points to building supply pressure on dry bulk freight, which could soften ocean grain freight rates into Q3. Weaker Chinese steel demand also limits the outlook for bulk demand.
airfreight.newsJul 31, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
