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Home Icon > About Us > News > Dry Bulk Shipping is Shrugging Off COVID-19. For Now

Dry Bulk Shipping is Shrugging Off COVID-19. For Now

By Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question. Rates for giant capesize ships climbed to almost $31,000 a day on Wednesday, almost certainly […]

WP_Post Object ( [ID] => 226618 [post_author] => 21 [post_date] => 2020-07-01 16:29:51 [post_date_gmt] => 2020-07-01 16:29:51 [post_content] => bulk shipBy Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question. Rates for giant capesize ships climbed to almost $31,000 a day on Wednesday, almost certainly […] [post_title] => Dry Bulk Shipping is Shrugging Off COVID-19. For Now [post_excerpt] => By Firat Kayakiran (Bloomberg) –The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => dry-bulk-shipping-is-shrugging-off-covid-19-for-now [to_ping] => [pinged] => [post_modified] => 2020-07-01 16:29:51 [post_modified_gmt] => 2020-07-01 16:29:51 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=140960 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )