BHP keeps capesizes right way up
by
Michelle Wiese Bockmann, London
—
last modified
Oct 22, 2009 03:30 PM
BHP Billiton has chartered 32 capesizes to ship just over 5.3m tonnes of iron ore to China in the last month, helping keep capesize rates buoyant.
Not only has BHP kept up steady shipments to China, but it has chartered a further three capesize vessels to ship coal from its Haypoint coal terminal in Queensland.
The world’s third-largest iron ore producer has chartered 35 capesize...
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