Independent journal on economy and transport policy
01:16 GMT+2
Shipping faces tough year despite strong China demand
(Reuters)
November 8, 2010
By Randy Fabi Reuters
GUANGZHOU, China - China's expanding appetite for foreign iron ore, coal and grains will not be enough to lift the world's maritime industry out of its doldrums as it faces a flood of new vessels next year.
The global fleet of dry bulk carriers is expected to outpace economic demand in 2011, a result of the industry's buying spree two years ago before the financial crisis severely slashed sea trade ...... Read more on Reuters
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher