Norwegian banker DNB Nor Markets has expressed confidence in the dry bulk market following increasing exports of coal and iron ore from Australia. Australia will remain the world’s largest iron ore exporter, followed by Brazil, with iron ore port capacity increasing by 86.3 percent worldwide between 2009 and 2015. During the same period, the bank expects that iron ore exports will increase by 81.1 percent, representing an annual average growth of 10.4 percent.
Green Marine
about 16 years ago
DnB Nor: Dry bulk shipping rates to remain steady
Norwegian banker DNB Nor Markets has expressed confidence in the dry bulk market following increasing exports of coal and iron ore from Australia. Australia will remain the world’s largest iron ore exporter, followed by Brazil, with iron ore port capacity increasing by 86.3 percent worldwide between
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