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The Loadstar does not normally cover the dry bulk shipping industry – it is essentially business of basic commodity flows and has little effect on the day-to-day business of our readership. However, occasionally some development takes place that is Big News. In this instance it is a deal between Chinese dry bulk ship operator Shandong Shipping, and Brazilian iron ore mining conglomerate Vale, which has built a series of 400,000dwt mega-sized bulk carriers to make it cheaper to transport its ...

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