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eastunder

01/22/10 11:07 AM

#3455 RE: eastunder #3454

re:

In remarks to reporters in Hong Kong Tuesday, Cosco President Zhang Liang said he expects the Baltic Dry Index, a measure of dry-bulk shipping rates across vessel sizes, to move between a range of 3,000 and 4,000 on average during 2010, according to Bloomberg.

I don't feel that range is encouraging