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Steel, ferrous scrap, manganese ore, grain underpin Panamax rates

Steel, ferrous scrap, manganese ore, grain underpin Panamax rates

Write: Darra [2011-05-20]
Steel exports from France to South Korea, ferrous scrap out of the US and northern Europe to the eastern Mediterranean and manganese ore and grain cargoes from South America are helping to keep Panamax freight rates in the Atlantic very firm, according to ship brokers.