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 London P&I Club has warned that ships are being offered iron ore cargoes for loading in Sierra Leone which are unsafe, and that limited local expertise and technology, together with poor communications, are exacerbating the problems.
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