New capacity ramps up concerns of steeper softening in cargo
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New capacity ramps up concerns of steeper softening in cargo

The loss of premium income from Glencore is expected to add to competitive pressures running up to 1 January.

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cargo ship hull A cargo ship moored to the mooring bollard of the seaport.jpg

With a series of new entrants launching into the space and ongoing bullish appetite from incumbents, market sources have warned that the marine cargo market may be set for significant price softening next year.

Sources

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