Iron ore freights ease w-o-w on higher tonnage availability, lower fixtures

Dry bulk iron ore freights slipped w-o-w as of 13 Jan’26 on higher vessel availability and cautious Chinese buying, with the conclusion of some fixtures at lower levels pressuring overall rates.

• Paradip-Qingdao: Rates stood at $9.5/dmt w-o-w (-$0.1/dmt).
• Hedland-Qingdao: Freights were at $7.7/dmt (-$0.58/dmt).
• Tubarao-Qingdao: Rates were assessed at $20.9/dmt (-$1.07/dmt).
• Saldanha Bay-Qingdao: Freights stood at $14.5/dmt (-$1.9/dmt).