Tag: dry bulk shipping

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Shipping rates decrease due to economic slowdown

Freight rates for dry-bulk and container ships, carriers of most of the world’s raw materials and finished products, have experienced a decrease during the last six months, reflecting the that the global economy is slowing significantly. The measured transport costs for materials like iron ore and coal, have reduced by 47% since mid-2018, affected by the US-China trade dispute, according to Reuters.

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Port of Dunkirk increases overall throughput despite pre-Brexit uncertainty

According to Port of Dunkirk officials, 2018's overall throughput was increased by 3% year-on-year from 50.2 million tonnes to 51.6 million tonnes. In the meantime, officials predict that 2019 will be a 'good year', as stated in a press conference that took place at Lille. Although the in cross-Channel ro-ro volumes experienced a decrease by 4%, to 15.6 million tonnes, reflecting a pre-Brexti traffic, the port's overall results were not affected.

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