AUSTRALIAN iron ore miner Fortescue Metals is suspending all its long term shipping contracts as buyers seek to arrange their own shipping.
IDLE vessels go up for auction as sector goes into 'meltdown'.
DANISH shipping giant to remove more than 50,000 teu of capacity and warns more tonnage could follow suit.
TALK may be cheap, but this could be precisely what the industry needs if it is going to collectively dig itself out of ...
THE latest quarterly report of Golden Ocean suggests a measure of fallibility is creeping in - and the industry should be worried.
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