SteelMint

Category: Logistic

  • Iron ore freights diverge w-o-w; Pacific gains offset Atlantic weakness

    Iron ore freights diverge w-o-w; Pacific gains offset Atlantic weakness

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    by

    Nikita Shukla
    in

    Capesize freights under pressure amid mixed Pacific, Atlantic demand India-China Supramax enquiries remains subdued Dry bulk iron ore freight rates on major export routes showed a mixed trend w-o-w on 21 August, with Capesize routes facing pressure while Supramax remained comparatively resilient. Capesize freight movement was uneven across major iron ore corridors. Hedland-Qingdao rates strengthened…