Capesize shipping rates sink with China’s ban on BHP iron ore cargoes (BHP:NYSE)
必和必拓(US:BHP) Seeking Alpha·2025-10-03 15:09Dry bulk shipping rates have plunged ~25% this week due to a dispute over BHP's (NYSE:BHP) iron ore shipments to China and a seasonal lull in demand, Bloomberg reported Friday. Spot rates for Capesize bulk carriers fell 6% on Thursday to the ...