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A World Ports Organization outlook says dry bulk is entering a transition phase in 2026. Seaborne coal is expected to decline while iron ore and agricultural flows shift to new routes, changing which trades keep ships busy.
The analysis was presented after the Geneva Dry conference.
Shifts in agricultural trade routes can change tonne-mile demand and freight costs for grain shipments in 2026. The outlook is a forecast without an immediate price driver.
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.