Tag: dry bulk iron ore freight rates

Supramax rates soften on Paradip-Qingdao route on limited enquiries Strong Australia-China demand offsets weak Atlantic activity Dry bulk iron ore freight sentiment remained under pressure in the week ended 3 July. Supramax rates softened on the Paradip-Qingdao route amid limited cargo enquiries, subdued chartering activity, and fixtures concluded at lower levels. Ample vessel availability and…