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Bulk ships are dying faster and younger this year

Wednesday, March 9, 2016 - 05:50

Hong Kong

MORE ships built to transport iron ore and coal have been scrapped so far this year than in all of 2014 as the commodity slump stunts the life expectancy of bulk carriers.

Twenty-nine Capesize vessels with an average age of 21.4 years have been turned into scrap through

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