Tag: dry bulk iron ore freight rates
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Iron ore dry bulk freight market softens amid easing Capesize demand; Supramax bucks trend
Capesize rates fall on soft Chinese demand, improved vessel supply Smaller vessel rates remain firm on steady minor bulk movements Iron ore freight sentiment weakened this week, as Capesize rates across major routes drifted lower amid softer Chinese demand and improving vessel availability. Although winter restocking continued, the pace of chartering slowed, pulling down long-haul…