Tag: Dry bulk freight rate
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Dry bulk iron ore freights rise w-o-w amid restocking demand, active fixtures
Vessel availability on Indian east coast tightens Australian miners rush to clear stocks before FY-end Dry bulk iron ore freights climbed up on various routes, amid active fixtures and strong trade momentum. Freights from the Indian Ocean to China witnessed an increase this week amid pre-monsoon restocking demand by Chinese steel mills, which drove up…