Subscribe to RSS feedndian exports top spotmarket fixtures as ore heads to China
by
Liz McCarthy, London
—
last modified
Apr 23, 2010 02:52 PM
NEARLY a quarter of all handymax spot shipments in the first quarter of the year were loaded in India, as iron ore exports to China increase and dominate the market for these smaller-sized bulk carriers.
Out of a total of 185 spot fixtures confirmed between January-March for ships of 40,000-59,000 dwt, 57 were concluded with delivery or loading in India, data from Clarkson Research Services shows.
This number could also be set to increase as...
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