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UNCTAD's Review of Maritime Transport 2025 finds that seaborne trade carries more than 80% of world merchandise volume. Ton-miles have grown faster than trade volumes because Red Sea attacks and Middle East risks have pushed ships onto longer routes.
Longer voyages and rerouting lift freight rates and lengthen delivery times, which raises the landed cost of grain and feed imports. This supports ocean freight rates.
newsandstats.comJerryNov 2, 2026Not 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.
