Thu, 09 May 2024 21:00:58 +0000
The Freightos Baltic Global index fell 9% month-on-month in April to $2,384/FEU, as rates continued to ease from the pre-Lunar New Year and early Red Sea diversion-driven highs of January and February. As the decline has slowed, however, prices may be reaching their new floor as long as Red Sea diversions continue to absorb excess …
Full article: https://www.hellenicshippingnews.com/fbx-index-may-2024-market-summary/