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Bulk carriers benefit from China port congestion

A further 239 bulk carriers of 17.2m dwt are at anchor off Ningbo and Shanghai, adding to 94 containerships there waiting to load

Around 230 bulk carriers at anchor outside northern Chinese ports while another 239 wait outside Ningbo and Shanghai, Lloyd’s List Intelligence data shows. Delays at Chinese ports have helped dry bulk rates boom in the sub-capesize segment

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