The stabilization of the dry bulk market to the levels of 1,500 points (BDI), as well as the rally it witnessed back in the beginning of fall, is mainly attributed to seasonal demand, but among the usual "stars", such as China's demand for iron ore, one shone ever more. According to shipbroker Intermodal's latest weekly report, it's been the US Gulf routes which have stolen the show,
WORLD SHIPPING
28 November 2013 - 00:00
Dry bulk market driven by the US Gulf trades
The stabilization of the dry bulk market to the levels of 1,500 points (BDI), as well as the rally it witnessed back in the beginning of fall, is mainly attributed to seasonal demand, but among the usual "stars", such as China's demand for iron ore, one shone ever more. According to shipbroker Intermodal's latest weekly report, it's been the US Gulf routes which have stolen the show,
WORLD SHIPPING
28 November 2013 - 00:00
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