market_report Dry bulk Splash247
Capesize owners counting on Simandou to transform dry bulk shipping may need to temper their expectations, with growing evidence that much of the new Guinea-China iron ore trade is developing into a tightly controlled conveyor belt dominated by very large ore carriers. Broker SSY noted in a new market report that VLOCs of more than …
China’s VLOC conveyor belt threatens to dilute Simandou cape upside
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