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Minor bulks, major gains: industrial minerals boost handysize ship market

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Published: Monday, 25 November 2013

Rates for smaller dry bulk vessels are continuing to grow as the fleet size remains tight and demand from the minor bulk sector generates more orders for shippers, Wayne Yamada explains.

As a ‘minor bulk’ industry, transporting industrial minerals often involves using the smallest ships in the dry bulk vessel range.

Although the biggest vessels - the Panamax and Capesize ships - are sometimes used for shipping industrial minerals, the boom in seaborne iron ore and coal trade over...

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