Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

15 Feb

Seaborne freight costs set to increase

The cost of shipping commodities by sea is likely to increase over the coming two years, according to shipping consultancy Drewry. A slowdown in shipping supply growth and increased iron ore volumes from Brazil should keep the market tight over the coming months, it adds. “Average charter rates are expected to rise from $8,000 per day in 2016 to $12,800 per day level in 2017 and will further improve from 2018,” according to Drewry dry bulk lead analy…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.