Freight rates sink further

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Published: Thursday, 17 December 2009

Dry bulk rates carry on sliding despite an expected uptick in iron ore demand in 2010

The cost of transporting dry bulk raw materials fell again this week, despite indications that recovering economies may raise demand for iron ore and coal

 

The Baltic Dry Index (BDI) fell to 3474 on 16 December 2009, sliding for over two week since the last rise on 30 November...

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