Tag: Bulk Shipping Freight Rates
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Bulk Freight Rates Expected to Rise on Increasing Iron Ore, Coal Shipments
Cargo shipping activity has been subjected to positive signs as demand for ships have increased due to the active coal and iron ore imports in the Asian region. Of late, shipments of Coking coal from Australia to India and China have increased remarkably. Also, iron ore shipments to China have gain significant momentum. Market participants…