Thu, 06 Feb 2020 22:00:59 +0000
The dry bulk market is reeling under pressure in the aftermath of the coronavirus outbreak. With the most affected area in China, being predominantly a steel producing region, demand for iron ore has plunged. Additionally, freight rates have plunged as a result of the trade halt, both towards and out of China, due to the …
Full article: https://www.hellenicshippingnews.com/dry-bulk-market-unique-circumstances-plaguing-rates-and-shipping-companies/