Bauxite steals iron ore’s thunder

Iron ore continues to dominate global dry bulk tonne-mile generation, though its relative weight has steadily declined over the past decade, from 41.5% in 2015 to a low of 36.2% in 2024, and to around 37.1% in 2025 year to date, according to dry bulk carrier movement data from AXSMarine carried in a new report …

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