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Shipping Sector Sinking : Capesize Rates Collapse with Coal / China Imports
“It looks like the market is going to continue being a big disappointment” A deeper slump in earnings for ships that carry most of the world’s coal and ore cargoes would force owners to take vessels...
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A glut of vessels and stalling cargo growth until 2020 : Goldman Sachs Group...
The World Shrinks for Goldman as Commodity Rout Snares Ships The collapse in global rates for shipping commodities from the world’s mines to mills and utilities will persist until at least 2020 on a...
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