Tag: dry bulk freight
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Dry bulk iron ore vessel freights fall w-o-w on weak cargo demand
Drop in bunker prices pressures freights China spot iron ore falls $8/t on tariff woes Dry bulk iron ore freights declined on all major routes, except India-China where these remained stable. As global discussions over tariffs continue without clear direction, market participants are holding back, leading to subdued activity across major routes. This cautious sentiment…