Tag: Bulk Shipping Freight Rates
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Bulk Shipping Freight Rates Likely to Gain on Rising Demand for Cargo Vessels
Bulk shipping freight rates are expected gain modestly in the coming days as demand for cargo ships has strengthened with the onset of the New Year. Rising demand for iron ore in China, and strong demand for Coking Coal in India are attributed for the gradually strengthening demand for cargo vessels. Current freight rates (coal…