BHP may have booked a shite load of ships to squeeze the freight market for other supplies. nice move BHP. I think the Chinese may have seen this coming. time will tell since they need the iron ore as much as FMG needs to produce it. If the deal is free on board [FOB] then, the Chinese better make sure the ships turn up for their own shakes. dont know the facts with this deal. good luck.
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BHP may have booked a shite load of ships to squeeze the freight...
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