Tag: Dry bulk iron ore freight
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Iron ore freights edge lower w-o-w as charterers hold back amid ample vessel availability
Holiday slowdown weighs on iron ore freights Spot rates under pressure across major routes Iron ore freight sentiment weakened this week as year-end and New Year holidays curtailed fixture activity, leaving charterers largely absent and spot rates under pressure. Ample tonnage availability, particularly in the Pacific, combined with a lack of fresh cargo enquiries intensified…