Subscribe to RSS feedCargo is king again as dry bulk power shifts to east
by
Liz McCarthy, Singapore
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last modified
Aug 18, 2010 12:28 PM
SECURING employment in the dry bulk market is set to become increasingly difficult for owners lacking strong relationships with miners and end-users of raw commodities, leading industry players have warned.
Owners of capesize bulk carriers will be hardest hit by the changing landscape of the dry bulk sector, as iron ore producers such as Brazil’s Vale build fleets to carry their own cargoes and reduce freight costs.
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