# 2024 Shipping Market Review – Clarksons Research

> 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.

- Date: 2025-01-20 · published 2025-01-20T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/16976-2024-shipping-market-review-clarksons-research
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- insights.clarksons.net: https://insights.clarksons.net/2024-shipping-market-review/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.