Shipping Views

Yi, Loh Chen
July 2008
Forbes Asia;7/21/2008, Vol. 4 Issue 13, p121
The article presents information on the operating costs of cargo ships. It is stated that the operating costs of running a ship have increased due to price rise of the bunker fuel used to power marine-based engines. Transportation analyst Tom S. Kim is stated to be pessimistic about the short- and medium-term prospects of shipping companies. It mentions that the Baltic Dry Index (BDI) for dry bulk goods has also risen with commodity prices.


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