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Clarksons' 2024 review found the ClarkSea Index averaged $24,964 per day, up 6% year-on-year. Container rates rose 149% on Red Sea rerouting, and Capesize earnings rose 76%.
Chinese iron ore and coal imports were supportive, though volume growth is expected to be more muted in 2025.
Strong 2024 bulk and container freight earnings reflect rerouting costs that raise landed prices for imported feed ingredients. Expected slower volume growth in 2025 suggests freight support may ease.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.