Maritime Bulk Carriers

Source: Baltic Exchange (licensed feed) · As of 01 Sept 2026, 08:33 UTC · Indicative, may be delayed

Grain shipping guide

Grain is the most seasonal of the major dry bulk trades, with freight demand tied to harvest calendars rather than industrial output.

Harvest seasonality

Northern Hemisphere exports peak from late summer into autumn, while South American volumes concentrate in the first half of the calendar year. The alternation creates a recurring seasonal rhythm in Panamax and Supramax employment.

Principal routes

The US Gulf and Pacific Northwest, Brazil's Santos and northern arc ports, Argentina's Up River terminals, and the Black Sea are the main loading regions. Asia, North Africa and the Middle East dominate demand.

What moves grain freight

Crop size, currency moves that shift export competitiveness between origins, river draft on the Mississippi and Paraná, and trade policy all reroute cargoes between origins — and route length matters more than volume for freight demand.

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Maritime Bulk Carriers — Freight Market Briefing

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