Tag: Oil Prices
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Bulk Vessel Freight Rates Plunge 12% in Aug’15
The bulk vessel freight rates have seen a marginal fall about 12% in current week on the ground of falling global crude oil prices. Freight rate index for bulk vessels have declined about USD 1-2/MT with the beginning of Aug’15.The prices this month have undergone a remarkable dip after a peak climb, having touched about…