You are here

Miners lock in shipping costs as freight rates revive

Tuesday, May 27, 2014 - 06:00

[LONDON] Global miners and commodity traders are using multiple strategies to lock in favourable rates for shipping costs, anticipating a freight market recovery after years of turmoil. Shipowners ordered large numbers of vessels between 2007 and 2009, just as the global economy sank into crisis

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom