Tag: capesize iron ore freight rates
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Dry bulk iron ore freights head north w-o-w on elevated fixtures, supportive macro factors
Improve bids resulted in fixtures at elevated levels Healthy volumes and prompt vessels support rates Dry bulk iron ore freight rates gained w-o-w supported by steady bulk cargo flows and relatively balanced tonnage availability. While cargo volumes remained healthy, charterers are showing measured fixing interest-partly due to near-term uncertainty and holiday-led caution-preventing any sharp spike…