As the dry bulk market is facing strong headwinds, due to the adverse effect of the Coronovirus crisis in global trade, it’s worth taking a look back into 2019 and the markets which could offer some respite to China’s slowdown, like for instance, India. In its latest weekly report, shipbroker Banchero Costa noted that “despite repeated promises from India’s government to reduce the country’s coal imports and increase domestic self-reliance, volumes just continue to...
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