Global iron ore freight rates showed a mixed trend, with gains in Pacific routes offsetting weakness across the Atlantic. Firmer activity in the Pacific provided support to Capesize rates, while softer demand and limited chartering interest weighed on Atlantic routes, keeping the overall market direction uneven.
India-bound coal freight rates softened w-o-w as ample vessel availability weighed on both Panamax and Supramax segments. Increased tonnage supply amid limited cargo support kept chartering activity subdued, putting pressure on freight levels and weighing on near-term market sentiment.
India’s rice export freight market remained mixed, with West Africa-bound bulk rates easing while container freight movements diverged across key lanes. Softer activity in West Africa weighed on bulk rates, while varying vessel-space availability across container routes kept the market uneven.
The following sheet provides a summary of global dry bulk fixtures compiled by BigMint, enabling users to track vessel fixtures, freight trends, cargo movements, and day-to-day developments in the global shipping market.
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