In the early hours of 22 April 2021, Vale – the Brazilian mining giant, was ordered to temporary suspend shipping activities at the country’s Guaiba Island terminal, a dedicated iron ore export terminal. Later that day, the hurdle was cleared, and activities could resume. Should the market worry when Brazil’s iron ore exports are disrupted? …
The post BIMCO sees Brazil’s iron ore exports up 14.4% in first four months despite disruption scares first appeared on Hellenic Shipping News Worldwide.