Tag: dry bulk iron ore freight rates

  • Dry bulk iron ore freights remain largely stable w-o-w

    Dry bulk iron ore freights remain largely stable w-o-w

    Baltic index falls to 9-month low levels Lack of inquiries keep freight rates under pressure Dry bulk iron ore freights remained largely stable this week. Limited cargoes were seen at the portside due to sluggish demand. However, a few fixtures from Indian ocean have maintained freights at a similar level. Also, major Australian miners were…