Tag: freight weekly updates
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Dry bulk iron ore freight rates to China exhibit diverse trend w-o-w
Spot iron ore prices in China inch down w-o-w Inquiries from Indian players remain subdued Dry bulk iron ore freight rates exhibited diverse trend this week. Notably, combination of deteriorating sentiment and continued pressure on freight derivative rates during Asian trading hours. A lack of iron ore cargoes and sluggish seaborne coal trading contributed to…