Slower demand growth pressures dry bulk freight rates
NewsIn 2024, supply and demand have improved, but BIMCO anticipates market declines in 2025-2026, depending on ship returns to the Red Sea.
The latest analysis by shipping association Bimco shows that, on one hand, soya bean exports to China in H1 2019 were up 10.9% compared with H1 2018, while on the other, exports to China in the 2018/2019 marketing year were down 68.7%
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