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.
This year has been a slow one for dry bulk demolitions, with only 4.2M dwt scrapped (as of 17 December), down 71.6% compared to last year.
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