Market researchers are divided about whether the development will have asignificant impact on the dry-bulk sector but observers on both sides of thedebate note the ruling came with a caveat: extraction will be capped at 20million tonnes per year.

Some of the same sources are quick to point out that exports are unlikely toresume for several months due to monsoon season, bureaucratic obstacles like heightedoversight of the licensing process and increased scrutiny of the sector ingeneral.

A