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Wednesday, October 23, 2019

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  • Far East Maritime (2) (X)

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Chongqing hub hype ends as cargo volumes fall

Posted to Far East Maritime (by Greg Knowler) on November 10, 2012

Chongqing is regularly described as the largest city in the world. The municipality is effectively a province of its own, one of three such municipalities in the country, and home to anything from 35 to 45 million people. In the past few years…

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…