BHP Billiton went direct to shipowners to book a capesize voyage for iron ore through a new online auction system.
In a statement to TradeWinds, BHP Billiton said it launched its first online auction this week for securing freight tonnage capacity. Rashpal Bhatti, vice president of freight at BHP Billiton, said the auction was limited to a pool of 13 shipowners and operators that had passed the company's vetting process.
Among
