"Greek shipping companies, the owners of one in six merchant vessels, are ordering the most new iron-ore carriers since 2008, betting the five-year rout in charter rates may be nearing an end. "
Here is further on the rally in shipping rates as reflected in the BDI.
ship-rout-ending-with-most-orders-since-2008
Handymax and Supramax are naval architecture terms for a bulk carrier
http://en.wikipedia.org/wiki/Handymax
This BDI thing may work out...............
gh
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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh