No ‘Beijing bounce’ for fourth quarter bulk rates
Jamie Dale - Thursday 25 September 2008
DRY bulk shipping’s long anticipated fourth quarter rates rebound “absolutely” will not happen and is now consigned to the history books, a London dry bulk derivatives broker said, writes Jamie Dale.
The capesize average time charter rate yesterday fell to $56,724 per day, its lowest level since October 2006, according to Baltic ...


