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Commodity Shipbuilding Rises to Record, Clarkson Research Says
Jun. 22, 2011 08:40AM PST
Base Metals Investing Bloomberg reports that construction of ships to haul commodities rose to a record, cutting transportation costs for iron ore Clarkson Research Services Ltd. said.
Bloomberg reports that construction of ships to haul commodities rose to a record, cutting transportation costs for iron ore Clarkson Research Services Ltd. said.
The market news is quoted as saying,
The global fleet of 8,446 bulk ships is growing nearly three times faster than demand for seaborne agricultural and mining bulk commodities, according to Clarkson’s data today.
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