Tag: Capesize vessel
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Dry bulk iron ore vessel freight rates remain supported on pre-Lunar restocking needs
Vessel freight rates for key routes rise by $0.8-2/dmt w-o-w Rise in enquiries post-Lunar holidays has supported freight rates Dry bulk freight trade activities remained firm this week. The market is optimistic as the enquiries were seen to fulfil procurement needs ahead of the Chinese New Year holidays. Asia-Pacific Supramax dry bulk (cargo capacity 50,000-55,000…