A steep drop in iron ore demand is pushing dry bulk’s pro-jected 2022 ton mileage down by 0.5pc from a year earlier as Chinese demand remains tepid, while coal and minor bulk cargoes are projected to rise, according to dry bulk shipowner Star Bulk. The efects of a “slowdown of Chinese imports amid linger-ing Covid-19 impacts” along with higher commodity prices, infation, and interest rate hikes contributed to the projected 3.2pc drop in iron ore ton milage in 2022, according to the company.
展开▼
