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Dry Bulk China Hong Kong

Iron ore glut ‘could halve’ shipping costs

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CAPESIZE rates could slump by up to half in the next few weeks as a glut of iron ore is pushed on to the Chinese market and the number of charters slides, said brokers, writes Keith Wallis in Hong Kong.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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