Global iron ore shipments increased 3.8% Y/Y, according to BIMCO
NewsGlobal iron ore shipments rose in Q1 2024 but with Chinese steel production weaker than expected, future shipments may decline due to oversupply.
Intercargo, the dry bulk shipowners association, has called on shippers / cargo interests to conduct an urgent review into the testing and safety processes involved in shipping iron ore fines and nickel ore following a spate of accidents and fatalities.
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