Dry bulk shipping continues to slip

Published: Tuesday, 29 November 2011

Rio Tinto and BHP forecast uncertainty in Chinese demand, pulling rates down

The cost of shipping dry bulk minerals fell again this week on further uncertainty in Chinese and Japanese iron ore demand and slumping prices.


The Baltic Dry Index (BDI) was 1809 on 28 November compared with 1830 on 23 November. Capesize, Panamax, Supramax and Handysize were 3083, 1770, 1378,...

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