Dry bulk recovery doubt

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Published: Thursday, 05 August 2010

Shipping rates continue to climb, but long term mineral demand questioned

The cost of transporting dry bulk by sea continued to recover this week, on the back of gains from last week’s bounce, although the outlook remains difficult as demand for minerals decline.

Shipping rates for dry bulk, which account for many industrial minerals including bauxite, phosphate and salt, rose last...

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