Capesize owners anchoring for better days
- Friday 30 March 2012, 15:17
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- Dry Cargo
- Back to Lloyd's List Asia
BROKERS estimate that 20-30 capesize bulk carriers have been anchored between Singapore and China, as owners deem current spot market rates too low and are waiting to see prices move back above breakeven levels before returning them to trade.At current market rates of $7.50 per tonne of...
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