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Re: Milner post# 653

Wednesday, 05/07/2008 2:36:23 AM

Wednesday, May 07, 2008 2:36:23 AM

Post# of 1210
It was "Capri", a 172.500 DWT Capesize, don't know the owner. The contractor was South-Korean.

Time charter (T/C) contracts seem to become longer and longer and leave fewer ships to the spot-market, hence high spot prices.

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