Category: Fines/Lumps
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Dry bulk iron ore freight rises w-o-w as Capesize strength lifts market sentiment
BDI climbs to a one-month high on stronger Capesize demand Firm iron ore trade and tighter vessel supply support freight rates Dry bulk iron ore freight sentiment climbed in the week ended 10 July. Supramax freight rates rose on the Paradip-Qingdao route, underpinned by sustained cargo enquiries, healthy fixture volumes, and improved market sentiment. Capesize…