MID-SHIP Cement Report – August 11, 2025

August 11, 2025

Market Overview: 

A slow start to the week for Cape-size, with Sentiment sluggish ahead of the USA/Russia Summit this week. Panamax trades within a narrow range within both basins, maintaining a fine balance between vessel supply and cargo inquiries nearby. Supra/Ultra’s, like Panamax, are trading firm within a narrow range, with an improved USG front haul, while East Coast South is less exciting. Handysize maintains a “steady as she goes” tone, with a good balance of ships to cargoes.

As of last week, 90% of S&P 500 companies reported. Of these companies, 81% reported both positive earnings and revenue surprises. Currently, the earnings growth rate for the S&P 500 is 11.8%.

July Core CPI inflation, reported this morning in the USA, was 2.7%, lower than expected but still concerning. The Consumer Price Index measures the cost of goods and services from the consumer’s perspective. Bias towards interest rate easing in September continues to be the discussion.

2 dead and 10 injured in U.S. Steel plant in Clairton, Pennsylvania — the largest Coke-making facility in the USA. Investigators are probing the cause of the explosion. Thoughts and prayers go out to all the families affected by this terrible accident.

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