Panamax bulker rates ‘up by the hour’
- Tuesday 17 April 2012, 16:02
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- Dry Cargo
PANAMAX bulk carrier rates have been “going up by the hour” today, according to brokers, as increased volumes of cargo hit the spot market and owners’ confidence builds.A lack of available tonnage to charter in the Atlantic for both US and South America cargoes and an above-market rate...
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