Global Shipping Faces More Choppy Waters
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Global Shipping Faces More Choppy Waters

Dalian : China | Feb 01, 2012 at 11:48 AM PST
Source: Asian Wall Street Journal
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Freight rates hit a record low Wednesday on weak demand for iron ore, poor weather conditions in mining regions and a glut of shipping capacity. The Baltic Dry Index, a composite of commodity shipping costs around the world, fell for a 32nd consecutive session to 662. FULL ARTICLE AT Asian Wall Street Journal
 
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