Tag: Bulk Shipping Freight Rates
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Stronger Demand Prevents Downturn in Bulk Freight Rates
The bulk freight rates have remained at highs as stronger demand for cargo vessels prevented any downturn in the rates. Shipments of Thermal Coal and Iron Ore have escalated to China, where imports of the commodities intensified as the winter season is traditionally a stocking period in that country. At the same time, imports of…