Dry bulk shipping faces more earnings pain as a slowdown in commodities demand and a glut of ships are expected to pile on the pressure well into 2016, ship industry players said on Wednesday. The dry cargo shipping industry has been hit hard this year by the global commodities meltdown with average earnings for large capesize ships - which haul iron ore and coal - barely covering operating costs this year and overall dry bulk rates falling to their lowest levels in decades. "Our…
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