Global iron ore freights strengthened sharply w-o-w, led by a strong rally in Capesize rates across key Pacific and Atlantic routes. Heavy fixing activity, tighter vessel availability, and firm cargo enquiries supported freight levels, while weather disruptions and higher bunker costs further added to voyage costs.
India-bound coal freights firmed w-o-w. Firmer activity across key India-bound routes supported freight levels, improving market sentiment despite variations in vessel availability and chartering activity.
India’s rice export freight market remained mixed w-o-w, with bulk freights softening while container values strengthened. Softer activity across key bulk routes weighed on freight levels, whereas firmer container demand and tighter vessel-space availability supported container rates.
The following sheet provides a summary of global dry bulk fixtures compiled by BigMint, enabling users to track vessel fixtures, freight trends, cargo movements, and day-to-day developments in the global shipping market.
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