Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop

Capt. John

Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume since at least 2019, worsening conditions for...

https://www.hellenicshippingnews.com/baltic-dry-index-slides-as-iron-ore-shipments-kick-off-2023-with-13-1-drop/

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