Tag: Dry bulk iron ore vessel freight
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Dry bulk iron ore freight rates supported by Atlantic cargoes despite Pacific slowdown
Atlantic chartering activity lends support to long-haul freight Higher bunker costs keep owners’ freight expectations elevated Dry bulk iron ore freight remained firm in the week ended 17 July, supported by healthy Atlantic chartering activity, resilient regional Supramax demand and rising bunker prices. Although Capesize momentum eased later in the week amid thinner Pacific cargo…