Articles By Eoin Hughes

10 Jan 2024 | Eoin Hughes
Freight rates fell in the week to January 10 as demand dropped on seasonal factors while there was ample supply of shipping in...
5 Jan 2024 | Eoin Hughes
The UN's Food and Agriculture Organization (FAO) World Food Price Index in December eased further as falling vegetable oil...
3 Jan 2024 | Eoin Hughes
Freight rates were broadly stable in the week to January 3rd with market activity quieter over the New Year period.
29 Dec 2023 | Eoin Hughes
Dry bulk freight had another dynamic year in 2023, with a huge harvest in Brazil, logistic problems on the Panama Canal and economic weakness in China all impacting the market...
20 Dec 2023 | Eoin Hughes
Freight rates rose slightly in the week to December 20 on increased activity and tighter supply, as new problems arose in...
19 Dec 2023 | Eoin Hughes
A series of attacks on shipping in the Red Sea have forced major companies to begin rerouting ships away from the key...
13 Dec 2023 | Eoin Hughes
Freight rates eased in the week to December 13, as the market corrected after several weeks of strong gains and demand in...
12 Dec 2023 | Eoin Hughes
Weekly soybean imports into the European Union fell to 104,232 mt in the week ending December 10, according to initial data...
7 Dec 2023 | Eoin Hughes
The United Nations has raised its global wheat production estimates for the 2023/24 marketing year on higher estimates...
6 Dec 2023 | Eoin Hughes
Freight rates rose again in the week to December 6, but there were signs of a downward correction by Wednesday afternoon.
5 Dec 2023 | Eoin Hughes
Weekly soybean imports into the European Union amounted to 185,227 mt in the week ending December 3, according to initial...
29 Nov 2023 | Eoin Hughes
Freight rates continued to increase in the week to November 29, as multiple factors combined to push rates higher.
28 Nov 2023 | Eoin Hughes
The freight market will see the extension of the European Union’s Emissions Trading Scheme (ETS) to shipping from January 2024...
28 Nov 2023 | Eoin Hughes
Wetter-than-normal conditions in most of Western and Northern Europe and drought in the southeast have delayed some sowing...
22 Nov 2023 | Eoin Hughes
Freight rates rose sharply in the week to November 22, as continued strong demand and tightening tonnage in the Atlantic...
21 Nov 2023 | Eoin Hughes
Unusually high water levels on the River Rhine have been causing transport problems in Europe, impacting some European crushers.
15 Nov 2023 | Eoin Hughes
Freight rates were back on the rise in the week to November 15 as tightening supply in the Atlantic, strong demand and ongoing logistic problems...
China’s active buying of US soybeans last week seems to be mostly driven by factors including the rebounding China-US relationship and logistical issues Brazil faces...
9 Nov 2023 | Eoin Hughes
Climate events will be a major factor for the freight market in the future, the head of global research for SSY has warned.
8 Nov 2023 | Eoin Hughes
Freight rates continued to ease in the week to November 8, as demand in the Atlantic slowed, while logistics continued to...
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