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Dry Bulk Brazil Ship operations

Vale anticipates lower freight costs to year-end

The Brazilian mining giant has said it expects to see slightly reduced freight costs until the end of the year as it increases its long-term chartered fleet, reducing its exposure to the spot market

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Vale expects average freight costs to be about $18 per tonne going into 2020

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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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