Tag: BHP
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Dry bulk iron ore freights ease amid thin fixing activity
Iron ore freights declined w-o-w on 23 Dec, with rates easing across key Pacific routes amid distress deals, fewer fixtures than the previous week, softer FFA levels and Baltic indices, lower bunker prices, and muted cargo demand. Paradip-Qingdao: Rates stood at $10.60/dmt w-o-w (-$0.4/dmt) Hedland-Qingdao: Freights were at $9.9/dmt (-$0.7/dmt) Tubarao-Qingdao: Rates were assessed at…