Independent journal on economy and transport policy
13:45 GMT+1
Freight futures show sharp rise
(Financial Times)
November 2, 1999
Freight futures are rising sharply on the back of improved demand for dry bulk cargo vessels and a fall in the size of the fleet.
The November Biffex contract on the London International Financial Futures and Options Exchange has jumped to 1,350 points compared with 910 in June and 770 at the beginning of the year, and rates for shipping dry bulk cargo are ...... Read more on Financial Times
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