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.
Following years of operation of two “Lancaster” loaders at the Russian Port of Visotskiy, the customer has recently installed and commissioned two more units from UK manufacturer B&W Mechanical Handling Ltd, the British company that is part of Germany’s Aumund group.
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