Nordea: Strong iron ore numbers for second quarter

The second quarter brought a significant increase in iron ore production, but an oversupply of tonnage keeps dry bulk shipping from reaching a solid rate level, writes Nordea.

Even though the first six months of 2012 ended with an increase in the amount of iron ore produced, the large number of dry bulk ships at sea is still preventing rate increases from taking place, writes Nordea in the bank’s Shipping Weekly report.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Related articles

Latest news

See all jobs