Historic Growth in Capesize Fleet Reaches Milestone
For the first time ever, the global fleet of capesize ships has surpassed 2,000, doubling in size over the past 14 years. According to broker Arrow, as of this month, the total number of capesize vessels is 2,002, with a combined deadweight tonnage (dwt) of 397 million. This fleet includes Very Large Ore Carriers (VLOCs), … Continue reading Historic Growth in Capesize Fleet Reaches Milestone
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