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Rates have struggled all year to beat last years’ performance, and failed miserably to do so beyond Q1, with the exception of Capesizes that managed to deliver stronger freight rates in Q2 also.
The arrival of January also meant that Capesize freight rates once again touched the ground following three extraordinary months of flying high. Q4-2013 represents the strongest quarter in demand ever, and the seasonal weakness of Q1 simply had to affect the level of freight rates negatively.
Nickel ore is one of the most problematic cargoes to be carried in solid bulk form. This article provides information on why it is so and how it can be shipped safely with some precautions to be taken into consideration.
