Posts tagged international trade diminished

Free Fall in Shipping Rates to Devastate Industry

on September 1, 2009 by admin in Business, Shipping News, World Business, Comments Off

A Bloomberg survey by six analysts and fund managers predicts that the rate for leasing capesize vessels will reach as low as $18,000 from its current price of $37,865 per day. It should be recalled the rates for capsize ships… Continue reading