Global freight rates drop 90% due to Winter Olympics: Expert

Economy 02/12/22, 04:52

At the end of January, Capesize spot prices fell to $5,826 per day, the lowest in 20 months and well below the 12-year record high of $80,000 per day in October 2021. Bulk carriers mainly carry iron ore, coal, grain, and cereals. Jun Huang, an economist now living in the U.S., ...

End of content

No more pages to load