Tag: Dry Bulk Iron Ore
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Dry bulk iron ore freight market starts week with mixed trends
Dry bulk iron ore freights opened the week with mixed trends. Pacific rates fell, while Atlantic freights inched up amid limited fixtures. Sentiment weakened with the Baltic index reaching a three-week low and FFA values declining. Paradip-Qingdao: Freights dropped $0.2/dmt to $10.30/dmt against 29 Oct’25. Hedland-Qingdao: Rates decreased $0.17/dmt to $9.13/dmt. Tubarao-Qingdao: Freights rose $0.53/dmt…