Subscribe to RSS feedSign of life in bulk shipping
The number of bulk carriers in lay-up at ports around the world has dropped slightly from a month ago, from 484 to 446, with 15 panamax and nine handymax or supramax-sized vessels resuming trading reports Lloyds List.
This week is expected to be particularly volatile for paper trading after BHP Billiton's flurry of capesize fixtures breathed life into the paper market and saw second quarter contracts jump 12% last Thursday.
The mining giant chartered nine capesize vessels...
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