Bimco: China will be driver of the bulk market this year
China is building its infrastructure and this constitutes the dominant factor in the development of the dry bulk market this year, Bimco writes in a new analysis. Brazil is playing an increasingly larger role in the transportation of iron ore.
Growth in the Chinese economy and the plans for the country's infrastructure in the form of imports are the most crucial elements in the dry bulk market this year along with the transportation of crops.
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