Building material shipments increased  by double digits, but cement shipments little changed.

Chinese government has not authorized FFA trading since 2008.

The vessel to generate EBITDA of $6 million over 2 years.

New tonnage tax regime to take effect next year.

Recovery spurred by increase in capesize rates.

Overall rail and truck tonnage volumes continue to climb.

Company benefits from growth in steel and construction industries.

Company moved 68 mm tons through Richards Bay Coal Terminal in the last financial year.

Demanding work environments favor ships that perform at optimum levels.

Lack of activity in Atlantic, Pacific basins pulls index lower.