Tag: dry bulk freight
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Dry bulk iron ore freights rise w-o-w; India-China route bucks trend
BHP, Rio Tinto actively seeking cargoes No fixtures on South Africa- China route Despite subdued sentiment across the broader Supramax market, freight rates on the India-China route remained range-bound, supported by short-lived but concentrated cargo demand. A surge in iron ore and agricultural commodity shipments, driven by opportunistic buying from Chinese importers ahead of expected…