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Author Topic: COVID-19 🏴☠️ Pandemic  (Read 50206 times)

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AGelbert

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Coronavirus Hammers Bulk Shipping
« on: February 01, 2020, 08:22:41 pm »


Coronavirus Hammers Bulk Shipping

By Bloomberg on Jan 31, 2020 12:19 pm

dry bulk vessel

(Bloomberg) — The coronavirus crisis in China has hammered many markets this month. None may have felt a bigger impact than freight. Rates for giant Capesize ships, typically used to carry raw materials such as iron ore, plunged 90% from a September peak to less than $4,000 a day based on an index that tracks their earnings. A wider […]  Read full story...
« Last Edit: March 30, 2022, 12:45:33 pm by AGelbert »
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