Tag: Dry bulk iron ore freight

  • Dry bulk iron ore vessel freights drop on Capesize weakness

    Dry bulk iron ore vessel freights drop on Capesize weakness

    Monsoon affecting vessel availability Bunker prices inches down Dry bulk iron ore freights remained subdued w-o-w, while higher cargo volumes supported vessel utilisation. While the Atlantic region remained subdued with limited fresh enquiries, improved activity from the Continent-Mediterranean also contributed to the upward pressure. This regional imbalance in demand and supply dynamics, particularly the stronger…