NEW DELHI:Global shipping rates are heaving and tossing. In May, it cost $25 to send one tonne iron ore from Andhra Pradesh to China. Today, it costs $12.50. Bringing a tonne of coal from Australia to India cost $30 per tonne in May and now $17.50. In May, the Baltic Dry Index (BDI), which tracks charter rates for vessels carrying iron ore, grains,...
Full Story: The Times of India
