Shipping rates ease ahead of Christmas break
Published: Thursday, 22 December 2011
Dry bulk falls as activity tails off before the extended holiday season, rates could stay low
Sea-borne rates for transporting dry bulk industrial minerals
fell this week with the market subdued in anticipation of the
Christmas and New Year break.
Meanwhile, the outlook from major steel makers which
consume the majority of dry bulk raw materials indicated
that rates could languish into...