Tag: Bulk Vessel Freight
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Bulk Freight Rates Not to Undergo Downturn on Resumption of Petcoke Exports from USA
The bulk freight rates have not yet shown any downward trend due to shrinkage in shipments of coal and iron ore to China as the shipments were uninterrupted along the other routes. Demand for Coking Coal and iron ore is losing momentum in China as that government ordered production cut for steel by 50% during…