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Dry Bulk Australia

Fortescue puts contracts on hold

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AUSTRALIAN iron ore miner Fortescue Metals is suspending all its long-term shipping contracts as buyers seek to arrange their own shipping, taking advantage of the plunge in spot rates.

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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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