🪨

Dry Bulk (Iron Ore)

dry-bulk

Global Volume

38.0M TEU

📦

Avg Rate

$1,600

💰

Demand Trend

STABLE

📈

Top Routes

5

🛤️

DESCRIPTION

Raw iron ore for steelmaking, typically shipped in Very Large Ore Carriers (VLOCs) and Capesize vessels. Dominated by exports from Australia and Brazil to China, which imports over 70% of global seaborne iron ore.

TOP ROUTES

01Port Hedland – Qingdao
02Tubarão – Shanghai
03Saldanha Bay – Tianjin
04Dampier – Ningbo
05Sept-Îles – Rotterdam