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Shipping - 24 June 2024

Strong gains made in capesize shipping market

The Baltic Exchange has reported that the week began quietly due to a holiday in Singapore, leading to a minor initial dip before being boosted by the re-entry of miners into the Pacific market.

 

US soy exports to China grow

Chinese soybean imports from the US have been reported to have accelerated in May with a 156% surge compared to 2024.