Tag: Capesize vessel freight
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Dry bulk iron ore freight rates fall on weak demand, falling bunker prices
Iron ore spot prices edge down w-o-w Market participants cautious amid China Plenary session Dry bulk iron ore freight rates have headed south this week. Notably, movements have been recorded of larger vessel for end July-mid August dates. Meanwhile, market sentiment in China remained sluggish due to the ongoing Third Plenary Session of the Chinese…