The article reports on a decline in chartering rates for vessels carrying iron ore on two main freight routes to China on February 3, 2012, according to Clarkson Securities. On January 31, there has been a 75 cent drop in rates on the Australia-to-China Capesize route as rates from Tu...
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The article offers information on chartering rates on the main iron ore routes to China. According to Clarkson Securities, freight rates from Port Hedland in Australia to Qingdao, China fell by 0.75 U.S. dollars to 8 U.S. dollars per tonne while at the main iron ore Capesize route from ...
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According to Freight Investor Solutions (FIS), BHP Billiton secured a fixture at around 11.40 U.S. dollars per tonne on the Capesize route from Australia to China. Clarkson Securities noted that the increase can be attributed to tight tonnage and increased level of enquiries from shippers.Gleeson...
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