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You are here: Home Archive 2010 August Weekly Edition 26th August Big ships recast dry bulk landscape

Big ships recast dry bulk landscape

by Lloyd's List Australia last modified Aug 27, 2010 10:43 AM

Industrial giants are shifting their iron ore transport business to supersize bulk carriers, with significant structural changes for the major capesize route from Brazil to China, writes MICHELLE WIESE BOCKMANN

IMAGINE a world where the highest-paying spotmarket for capesize bulk carriers – shipping iron ore from Brazil to Asia – just evaporates.
Steel mills and miners can.
Cargo owners have now ordered so many very large ore carriers...

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