Dry bulk market weathers Norway fund’s shift from mining
Norway’s sovereign wealth fund pulls away from coal producers Glencore and Anglo American, and drops Vale, Brazil’s mining giant. While the impact is muted for the general dry bulk shipping market, it shows investment capital moving away from the sector
If there is a shift away from any dry bulk infrastructure or industries related to steel-making or coal, then that will have a negative impact for the sector, says shipping analyst
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