Tag: Iron ore freight rates
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Dry bulk iron ore freight rates exhibit mixed trend w-o-w amid volatile market
Muted buying interest continues to keep fixing activity limited Firm bunker prices offering underlying support to freight levels Dry bulk iron ore freight rates showed a mixed trend w-o-w across key basins, with relative resilience on select Pacific and South African routes, while Brazil declined amid softer sentiment. Weak FFA cues, thin tonnage demand, and…