Drewry's latest Dry Bulk Forecaster reports that Coal has been the recent saviour of the Dry Bulk market. Global GDP grew by 3.2% in 2012, following growth of 5.2% and 4.0% in the post-recession years of 2010 and 2011. This slowdown blighted dry bulk cargo volumes and in turn tonnage demand. Global steel production, reflecting industrial and growth activity around
WORLD SHIPPING
05 June 2013 - 00:00
Coal trade saves the Dry Bulk market
Drewry's latest Dry Bulk Forecaster reports that Coal has been the recent saviour of the Dry Bulk market. Global GDP grew by 3.2% in 2012, following growth of 5.2% and 4.0% in the post-recession years of 2010 and 2011. This slowdown blighted dry bulk cargo volumes and in turn tonnage demand. Global steel production, reflecting industrial and growth activity around
WORLD SHIPPING
05 June 2013 - 00:00
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