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You are here: Home → Archive → 2010 → August → Weekly Edition 12th August → Coal ‘the new iron ore’ for the bulk carrier market

Coal ‘the new iron ore’ for the bulk carrier market

by Philip Georgiadis, London — last modified Aug 18, 2010 01:08 PM

COAL is set to surpass iron ore as the most important dry bulk commodity for bulk carriers, according to Eagle Bulk Shipping chairman Sophocles Zoullas.

Mr Zoullas told an investor conference call last week that coal dominated cargo carried by his company’s fleet of 38 supramaxes for the second consecutive quarter.
“Coal is becoming an increasingly important dry bulk commodity. In other words it...

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