Author: Nikita Shukla
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Iron ore freights show mixed trends w-o-w amid market uncertainty
Supramax rates climb up amid rising cargo volumes Increasing spot tonnage keeps charterers unhurried Iron ore freight markets showed mixed trends across key routes w-o-w on 28 April. Supramax rates gained on the Paradip-Qingdao route from India to China due to increasing cargo volumes, even as traders remained cautious amid weak market sentiment. Capesize market sentiment…