Independent journal on economy and transport policy
01:37 GMT+2
New tonnage pressures freight rates
(The Hindu Business Line)
April 9, 2001
G. Chandrashekhar
BEGINNING this month, the world Panamax fleet is scheduled to grow by three to four vessels per month as new tonnage is commissioned. Some are likely to be booked under long-term timechart arrangements. However, without any pronounced upturn in demolition activity, the sector is likely to remain oversupplied, according to shipping industry ...... Read more on The Hindu Business Line
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