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To: Mr.Gogo who wrote (106322)1/18/2012 11:48:09 PM
From: SpekulatiusRead Replies (2) | Respond to of 118717
 
The BDI index is in the tank because of an oversupply of new ships. This pushes down the freight pricing even if demand is OK. just the same situation than the US NG market really, it's not lack of demand but oversupply that is pushing down prices.