Dry bulk shipping goes on mini rally

By
Published: Thursday, 22 November 2012

Baltic Dry Index rises on coal and grain trading but outlook still clouded by uncertainty

By Wayne Yamada

 

Transport costs for shipping dry bulk industrial minerals grew this week as the mini-rally in the shipping market continued on additional coal and grain trading.

 

Charter rates also increased with the prospect of additional stimulus spending by Japan - the world’s second largest steel producer...

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