In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations between Ukraine and Russia, we observed a continued firm momentum of freight rates.
Antaq, the sea transportation authority in Brazil, has granted authorization for the construction of an iron ore sea terminal in ltaguai, in the southeastern state of Rio de Janeiro.
Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput.
These giant dumps of ore totalling an estimated 700 mnt lying within and often outside leaseholds that were considered too poor for Goa's original clients