Freight rates feel increasing impact of Chinese steel
Published: Monday, 22 November 2010
Iron ore, coal, and Chinese steel dominate market while congestion still an issue
Dry bulk shipping rates returned to pre-boom (2007-08)
levels this year, dominated by the demand structure of iron ore
and coal, according to Nicole Schneider, freight trader at
Cargill estimated that iron ore and coal, as a share of the
total 2010 dry bulk market, accounted for 32% and...