- Global iron ore shipments have fallen 7% y/y, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand.
- Australian cargoes have fared the worst, down 10% y/y while shipments from Brazil have weakened by 5% y/y.
BIMCO Shipping Analysis Manager Filipe Gouveia noted that global iron ore shipments had fallen 7% in the first seven weeks of 2025 due to supply disruptions and low Chinese demand.
Weakening in iron ore shipmentsAustralia iron ore cargoes are were down...
https://mfame.guru/bimco-iron-ore-shipments-fall-7-amid-disruptions/