Tag: Dry bulk iron ore vessel freight
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Dry bulk iron ore freight rates extend gains; freight on India-China route hits over 6-month high
Shipowners’ firm stance pushes rates higher Baltic Capesize index leads the surge Dry bulk iron ore freight rates continued their upward trend, supported by sustained bullish sentiment in the market. Vessel hiring activity remained broadly steady compared to the previous week, while freight rates on key routes – including India-China, Australia-China, Brazil-China, and South Africa-China…