Capesize rates cracking past the $30,000 a day mark in recent days is in no small part down to the record amounts of bauxite heading from West Africa to China. Bauxite is primarily used as the main source of aluminium. It is the only minor bulk that tends to be shipped on capsizes. The US …
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https://splash247.com/guinea-bauxite-exports-to-china-smash-records-helping-fuel-hot-cape-market/