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 opening of the new EECV coal terminal in Rotterdam in May will bring with it an additional 3.5-4 mtpa of coal imports, all of which will be destined for the ThyssenKrupp coking plant in Schwelgern, Germany.
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