China capes bookings up 20% in Jan

Bookings for capesize vessels to deliver cargoes to China upped 20% last month, according to data from Clarkson Research Services, a unit of the world’s biggest shipbroker Clarkson Plc.


China capesize ships bookings rose 20% in January. Raw-materials producers and traders rented 65 capesizes to make shipments to China, compared with 54 ships in December 2010, the data showed.
(Source:http://www.seatrade-asia.com)