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Naomi Christie

For Naomi Christie's latest contributions to The Japan Times, see below:

Ships beached for scrap as returns reach record low

Business Mar 13, 2015

Ships beached for scrap as returns reach record low

Scrap yards are preparing for record numbers of freighters as shipping rates tumble to all-time lows. Owners may demolish 40 million deadweight tons of dry bulk carriers, more than double last year's total, according to Arctic Securities ASA in Oslo. Rates to ship commodities slumped ...