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Hunger for commodities kicks dry bulk market into ‘riot mode’
Jamie Dale - Thursday 15 May 2008
THE dry bulk market is officially in “riot mode” this week, according to one shipbroker, as freight rates climb to record highs.
China’s reluctance to agree a freight premium with Australian iron ore producers has helped to keep the dry bulk market firing on all cylinders in the Atlantic, as China’s stockpiling boosts tonne...
