Tag: Dry bulk iron ore export

Iron ore freights presented a weaker picture this week – rates declined across Pacific and Atlantic routes amid softer market sentiment, reduced cargo activity, falling Baltic index, crude oil futures and bunker prices. Paradip-Qingdao: Rates stood at $11 w-o-w (-$0.3/dmt) Hedland-Qingdao: Freights were at $10.60/dmt (-$1.5/dmt) Tubarao-Qingdao: Rates were assessed at $22/dmt (-$2.4/dmt) Saldanha Bay-Qingdao:…