Author: Nikita Shukla
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Dry bulk iron ore freight rates rise sharply w-o-w on firm fixtures, elevated bunker prices
Improved bidding activity supported higher fixture levels Steady cargo flow and tighter vessel supply supported freight rates Dry bulk iron ore freight rates rose sharply w-o-w, supported by steady cargo volumes, stronger Capesize momentum, and balanced vessel availability across key loading regions. Improved chartering activity and firmer bidding sentiment across both basins continued to support…