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The collapse in shipping rates moves to the absurd stage, with Glencore getting paid $2K/day to...
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Monday, February 6, 2012, 11:31 AM ETThe collapse in shipping rates moves to the absurd stage, with Glencore getting paid $2K/day to hire a vessel. How could this happen? Ships deteriorate rather quickly if not kept seaworthy and moving, making transactions such as this necessary. (previous)
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