Tag: capesize iron ore freight rates
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Iron ore freight sentiment weakens as China holiday weighs on fixtures
Australia-India rates hit 1.5-month low Capesize rates drop across Atlantic, Pacific routes Dry bulk iron ore freight sentiment weakened in the week ended 1 October, with Capesize rates declining across both Atlantic and Pacific routes. Australia-China, Brazil-China and South Africa-China rates softened amid slower fresh cargo enquiries, reduced fixture activity and rising vessel availability, with…