Tag: capesize index
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Dry bulk iron ore freight rates show mixed trends w-o-w amid cautious market sentiment
Cautious sentiment, shipowners adopt wait-and-watch approach Volatile bunker prices keep freight sentiment uncertain The dry bulk iron ore freight market is showing a mixed sentiment w-o-w, with clear divergence between the Pacific and Atlantic basins. In the Pacific, sentiment has strengthened notably, supported by a pickup in cargo volumes from Western Australia and increased spot…