(Bloomberg) -- A decline in the cost of shipping
coal, iron ore and other dry-bulk goods may be curtailed because
of congestion at Newcastle, Australia, the world's biggest coal-
export facility.
The Baltic Dry Index, a measure of commodity-shipping costs
on different routes and ship sizes, dropped 2.2 percent to 5538
yesterday, based on data from the London-based Baltic Exchange.
The measure has fallen the last five days, losing 8 percent.
Read more at Bloomberg Energy News
coal, iron ore and other dry-bulk goods may be curtailed because
of congestion at Newcastle, Australia, the world's biggest coal-
export facility.
The Baltic Dry Index, a measure of commodity-shipping costs
on different routes and ship sizes, dropped 2.2 percent to 5538
yesterday, based on data from the London-based Baltic Exchange.
The measure has fallen the last five days, losing 8 percent.
Read more at Bloomberg Energy News
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