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Jefferies predicts higher shipping costs for miners

Higher shipping costs as a result of the International Maritime Organization's new regulations on low-sulphur fuel use will disadvantage miners such as Brazil’s Vale, which mainly ships iron ore to China

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An increase in realised iron ore prices should offset the higher shipping costs for Australian miners Fortescue, Rio Tinto and BHP, says report by Jefferies

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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