WebOct 5, 2024 · Rates for large bulkers known as Capesizes — ships carrying iron ore and coal that have a capacity of around 180,000 deadweight tons (DWT) — just hit year-to-date highs, driven primarily by industrial demand. Platts also assesses rates for Capes that use exhaust-gas scrubbers and burn 3.5% sulfur heavy fuel oil. WebJun 19, 2024 · BHP Group has effectively confirmed that the 2024 introduction of new global emissions standards for shipping fleets will enhance the competitiveness and potentially the financial returns of...
Brazil Manu - Iron Ore Carrier - Ship Technology
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Freight Railroads and Steel Association of American Railroads
WebThe most-traded September iron ore on China’s Dalian Commodity Exchange ended daytime trade 1.5% higher at 798.50 yuan ($115.97) a tonne. It earlier shed as much as 1.7% to … WebJun 1, 2024 · Overview. Demand drivers and freight rates. The first four months of 2024 have been record-breaking in volume terms, with demand reaching 1.69 billion tonnes – the highest-ever start to a year. Volumes are up 6.1% compared with the same period in 2024, and only slightly down from the 1.72 billion tonnes in the final four months of 2024. WebApr 2, 2024 · Operating since 2015, the mine produces up to 6 million metric tons of iron ore each year that then gets shipped from the frozen coasts of Canada’s Baffin Island, almost 1,400 miles north of ... capricious artinya