Tag: Dry bulk iron ore freight
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Dry bulk iron ore freight rates rebound w-o-w amid active fixtures, rise in FFA rates
Active fixtures at higher levels lead to hike in freights Baltic index recovery, rising spot & future prices support offers Dry bulk iron ore freight rates rose significantly across key global routes this week, driven by stronger freight derivatives (FFAs) and higher bunker costs. Market sentiment improved as fixtures gained momentum, with several concluded at…