Tag: dry bulk iron ore freight rates
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Pacific iron ore freight rates ease on cautious fixing after recent highs; Atlantic market stays firm
Atlantic Capesize routes strengthen as tighter tonnage supports freight Higher bunker costs and geopolitical risks add pressure to voyage economics Dry bulk iron ore freight rates remained diverse overall in the week ended 10 September, with the Atlantic Capesize market showing stronger momentum than the Pacific. Sentiment on Brazilian routes was supported by healthy cargo…