Author: Nikita Shukla
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Dry bulk iron ore freights drop w-o-w as vessel rates decline markedly in Pacific, Atlantic basins
Pacific: Sentiment remains bearish amid elevated vessel supply Atlantic: Activity stays muted due to limited cargo offers The dry bulk iron ore freight market witnessed a broad-based decline this week across major routes, weighed down by muted cargo demand, ample vessel availability, and subdued chartering activity. Both Capesize and Supramax segments experienced notable rate drops,…