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14 August 2026

China’s VLOC conveyor belt threatens to dilute Simandou cape upside

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Source reporting: Splash247

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China’s VLOC conveyor belt threatens to dilute Simandou cape upside

Capesize owners counting on Simandou to transform dry bulk shipping may need to temper their expectations, with growing evidence that much of the new Guinea-China iron ore trade is developing into a tightly controlled conveyor belt dominated by very large ore carriers. Broker SSY noted in a new market report that VLOCs of more than …

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