Japan uncertainty rips through shipping

By
Published: Thursday, 31 March 2011

Dry bulk rate slips with Japanese ports still shut; timeline for rebuilding uncertain

Dry bulk shipping rates slipped this week with Japanese buyers unable to import raw materials owing to a number of ports still being closed following the massive earthquake and tsunami on 11 March.

 

Japan’s huge industrial complex – including automotive, glass, and high tech manufacturers – could not import...

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