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.
The tailings dam collapse at the Feijao mine near Brumadinho could see 35 to 40 Capesize vessels lose employment in 2019.
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