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India a bright spot in dark and gloomy dry bulk market

With Shriram Shivaramakrishnan, Associate Editor, Asia Shipping

June 21, 2016 07:40:01 EST (3:17)

Freight rates across all segments of the dry bulk market remain low, but some indicators show that it's not all gloom and doom in some parts of the Asia Pacific region. India, which is the fastest-growing country in Asia on GDP terms, has defied expectations on thermal coal imports, shown remarkable growth in petcoke demand, and increased freight inquiries for wheat particularly from Australia.

If China got the dry bulk market out of the doldrums in 2005, is it India’s turn this time around?

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S&P Global Platts Dry Bulk Freight Forum 2016
July 13, 2016, 9:00 am to 1:30 pm at Pan Pacific Singapore

S&P Global Platts Dry Bulk Freight Forum 2016

Come join us for our Dry Bulk Freight Forum 2016 in Singapore on Wednesday, July 13, 2016. Our industry specialists will discuss the current state of the dry bulk freight marketplace as well as where we see it headed in 2017.

In addition, they will provide more insights into Platts dry bulk freight price assessment methodology.

You do not want to miss this excellent opportunity to engage with our discussion leaders, share insights and observations on the ever-changing market, and network with your industry peers.

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