Tag: Dry bulk iron ore freight rate
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Dry bulk iron ore vessel freights fall w-o-w amid tepid cargo demand; India-China route bucks trend
Pre-monsoon restocking activity keeps India-China rates firm Baltic Capesize Index falls w-o-w amid reduced fixture activity Dry bulk iron ore freights declined w-o-w across major routes, with the notable exception of the India-China corridor. While other routes saw easing demand and a build-up of prompt tonnage, the India-China segment remained firm, supported by strong market…