Capesize rates strengthened on tighter supply and stronger long-haul iron ore demand, while Supramax weakened because it did not benefit from bulk ore flows and faced oversupply and softer minor-bulk demand.
- Paradip-Qingdao: Rates stood at $11.3/dmt (-$0.46/dmt w-o-w)
- Hedland-Qingdao: Freights were at $11.99/dmt (+$1.21/dmt)
- Tubarao-Qingdao: Rates were assessed at $25.15/dmt (+$0.41/dmt)
- Saldanha Bay-Qingdao: Freights stood at $20.06/dmt (+$1.37/dmt)
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