Tag: Bulk Shipping Freight Rates
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Bulk Shipping Freight Rates Remain at Highs on Stronger Demand
Bulk shipping freight rates have remained at highs, primarily driven by strong import demand for coal and iron ore from China. Strong import demand emanating from China has created demand for cargo vessels, resulting in the freight rates hovering at high rates. With coal imports from North Korea being banned in China, imports of Coking…