Iron ore freight sentiment turned softer as China’s holiday lull reduced fixing activity, with cautious demand and ample prompt tonnage weighing on Capesize rates. Overall, Atlantic sentiment remained subdued, while Pacific activity stayed selective.
India-bound coal freights showed mixed-to-firm sentiment, with tight Panamax tonnage and steady India enquiries supporting rates, while Supramax remained firm despite limited Indonesian activity. Overall, quiet Pacific activity kept the market measured.
India’s rice freight market remained mixed, with West African bulk rates supported by logistics constraints and vessel availability, while container bookings stayed selective. Overall, cargo flows remained uneven across destinations, keeping freight sentiment cautious.
The following sheet provides a summary of global dry bulk fixtures compiled by BigMint, covering vessel fixtures, freight trends, cargo movements, and key developments across the global shipping market.
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