Author: Nidhi Awasthi

  • Seasonal iron ore shipments drive up dry bulk freights w-o-w

    Seasonal iron ore shipments drive up dry bulk freights w-o-w

    Tight vessel supply supports higher freights Baltic indices up, underscore vessel demand Dry bulk iron ore freight rates on the India-China route showed an upward trend this week, primarily due to a tightening vessel supply trend amid consistent cargo demand. Limited availability of spot tonnage, especially within the Pacific Basin, has intensified competition among charterers,…