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Dry Bulk Shipping - China holds the key to a strong bulk market

11 December 2013

It is safe to conclude already that it has been another truly amazing year for Chinese iron ore imports. A growth rate of 10.8% for the first 11 months as compared to the same period last year is solid. Evident also from the freight rate development in the Capesize market, the last 5 months have been exceptional, with 17.8% y-o-y growth for July-November.

China Manufacturing PMI steadies

01 October 2014

The two measurements of Purchasing Manager Indexes (PMI) of Manufacturing both came in unchanged from the month before – unprecedented in itself, and only somewhat encouraging for the industries depending on continued expansion of the manufacturing sector.