Global soya bean exports expected to grow 8% until 2025

Wed, 15 May 2024 21:00:57 +0000 “Global soya bean exports are forecast to grow by 8% between 2023 and 2025 based on data from the United States Department of Agriculture (USDA). Stronger import demand from China will be met by larger harvests in the US and Brazil and...

FBX Index May 2024: Market summary

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,...

Ship Recycling Market Sees Steady Flow of Ships

Thu, 16 May 2024 21:00:59 +0000 The ship recycling market has seen a steady flow of vessels over the course of the past week, mainly from the container and dry bulk segments. In its latest market report, Best Oasis (www.best-oasis.com), one of leading cash buyers of...

Strong Southern Hemisphere harvests drive reefer shipping growth

Thu, 16 May 2024 21:00:58 +0000 After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in the Southern Hemisphere have helped to lift growth. This trend is set to continue across 2024 as a whole, with a return to...

Dirty Oil Flows to China

Fri, 10 May 2024 21:00:58 +0000 The flow of tonnes of dirty oil to China from global sources has seen a notable downturn, particularly impacting the Russian Federation, which has experienced a consistent decline since the first quarter of the year. As May began, signs...