That's pretty reliable. From the same article:
"Iron ore spot freight rates from Western Australia, to Qingdao, China have jumped 163% to USD 21.82 per tonne on 28 September 2021 compared with the same time last year. For a very large ore carrying Capesize ship transporting 200,000 tonnes of iron ore, this represents an increase in freight revenue from USD 1.66 million, one year ago, to USD 4.36 million on 28 September 2021."
Chinese steel mills turning away Ozzie ships, page-45
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