panamax

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Seaborne Freight

August 25, 2019

The change of #seaborne_freight_rates of #bulk mineral ships (#Panamax: 70000 MT and #Capsize: 100000 MT) during the previous year is demonstrated in the picture. It is well noting that seaborne freight rate was ramping up before the increase of tensions between #US and #China. China declared new #tariffs on $75B of US goods and as…