Dry cargo market report dated 20 September 2024
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.
We forecast that cargo volumes will grow 4-5% in 2024 and 3-4% in 2025. Volumes in head-haul trades are expected to grow slightly faster than the average. We have lowered our cargo volume growth forecast for 2024 by 1 percentage point as second quarter volumes for some back-haul trades disappointed... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Houthi attacks on ships in the Red Sea continue to severely impact trade lanes that normally transit the Red Sea and the Suez Canal. Transits of the Suez Canal remain 90-95% lower than at the same time last year. Though no resolution is in sight, we have in our base scenario chosen to assume that s... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.
Following 3.3% growth in the global economy during 2023, the International Monetary Fund estimates that the economy will grow 3.2% and 3.3% in 2024 and 2025 respectively. On average, the Europe & Mediterranean, South & Central America and Sub-Saharan Africa regions are forecast to grow faster during... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.