Tag: Iron ore freight rates
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Dry bulk iron ore freights exhibit diverse trend w-o-w amid rise in iron ore futures
Australian miners active in booking cargoes Sluggish demand keeps Indian Ocean quiet Dry bulk iron ore freight exhibited mixed trends this week. Rise in iron ore futures prices limited inquiries for the material in the global market. However, major Australian miner were heard booking cargoes and thus regular inquiries from them for larger vessels were…