Capesize, Panamax rates falling
NewsShipowners have found stable dry bulk markets with narrow spot rate ranges and low scrapping, but recent trends show Capesize and Panamax rates falling.
Western Australian miner Mount Gibson Iron (MGI) has been given clearance to proceed with hematite and magnetite mining and processing at Mount Gibson after the WA government overruled the concerns of its own Environmental Protection Authority (EPA) about the possible effects on native vegetation.
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