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Global Markets: Ore shipping costs falls for the second day

Iron Ore Shipping - Valemax, the world biggest vessels
Iron Ore Shipping – Valemax, the world biggest vessels


The average charter for capsize vessels daily rates were currently at US$ 13.939, according to the Baltic Exchange in London index. The index was down 3.4%. The shipping route in the Brazil-China fell 1.8%, the same percentage of yesterday, to $22.382 per metric tonne.

In Australia-China route fell by 1.9%, closing at $ 7,932 per tonne. The difference between the freight from Australia and Brazil is US$ 14.450.

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