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Brazil Dry Bulk Capes

Vale dam collapse expected to hit dry bulk market

Brazilian miner Vale's dam break in southeastern Minas Gerais state on Friday deals a blow to the dry bulk market, with Stifel analyst expecting dry bulk trade to be reduced by 1% in 2019. Iron ore shipments have already been reeling since the 2015 Samarco tragedy

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Update: Vale ordered to suspend operations at the site of the dam disaster

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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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