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23 February 2020 The on-line newspaper devoted to the world of transports 11:08 GMT+1

October 15, 2003

China demand boosts coffers of shipowners

Keith Wallis

Hong Kong shipowners are having one of their best periods for years as a result of soaring charter rates, which have tripled or quadrupled in the past year.

Brokers said there was no sign of an end to the surge, which was fuelled by growing demand for raw materials to feed China's export machine ......
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