Q4 result maybe will out next week? This together with more fresh cargo has changed the sentiment and boosted the index.
For Australia, iron ore export shipments are expected to rise from 900 million tonnes in 2020-21 to 1.
The Company is a drybulk shipowner in Malaysia engaged in international shipping.
Well, the second question is how does Maybulk compare globally valuation wise? This is a new regulation by the International Maritime Organization where a new global cap is placed on the sulphur content in marine fuels.
The capesize index, which tracks iron ore and coal cargos of 150,000-tonnes, plunged 16.
Clearly many large buyers have been collecting.