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Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop

Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume since at least 2019, worsening conditions for capesizes. In this period, ...

WP_Post Object ( [ID] => 284964 [post_author] => 98 [post_date] => 2023-01-25 22:00:58 [post_date_gmt] => 2023-01-25 22:00:58 [post_content] => Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume since at least 2019, worsening conditions for capesizes. In this period, ... [post_title] => Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop [post_excerpt] => Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume si... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => baltic-dry-index-slides-as-iron-ore-shipments-kick-off-2023-with-13-1-drop [to_ping] => [pinged] => [post_modified] => 2023-01-25 22:00:58 [post_modified_gmt] => 2023-01-25 22:00:58 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=965754 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )