Tag: Iron ore freight rates
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Dry bulk iron ore freights rise w-o-w as demand for Capesize vessels remains bullish
Capesize market bullish, active inquiries seen Baltic index recovers w-o-w Dry bulk iron ore freight rates have gained strength this week. Inquiries for larger vessels have improved as major miners were heard actively seeking cargoes. However, lacklustre activities were heard in the Indian Ocean due to lack of demand and availability of vessels in the…