Huge Japanese earthquake halts shipping rate rise

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Published: Thursday, 17 March 2011

Dry bulk rates stall as vessels diverted following Japanese quake and tsunami

Dry bulk shipping rates stalled this week after a fortnight of rises, following a massive earthquake and subsequent tsunami in north east Japan which sent the country’s industrial sector into chaos.

 

The magnitude 9 earthquake – the largest in Japanese history – struck off the coast of...

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