Capesize Comeback: Three Major Miners Return to Market in Force

BHP, Rio Tinto, and Vale simultaneously return to aggressive spot chartering as Chinese steel restocking drives the strongest Capesize rally in over a year.

The Big Miners Are Back — And They're Hungry for Tonnage

Something remarkable is happening in the Capesize bulker market that the Hormuz headlines are completely drowning out. In the past ten days, all three of the world's major iron ore miners — BHP, Rio Tinto, and Vale — have returned to the spot freight market simultaneously for the first time since t…