Bargain prices, rising cargo rates lift second-hand ship sales from the shallows
November 28, 2016 at 22:23 PM EST
SINGAPORE, Nov 29 (Reuters) - Sales of second-hand ships used to haul commodities such as iron ore, coal, grain and fertiliser have hit a seven-year high in 2016 as the industry creeps out of an eight-year downturn that has sunk several fleets of shippers.