Tag: Iron ore freight rates
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Dry bulk iron ore freights from India to China fall to 8-month lows
Dry bulk iron ore freight rates dropped this week on global routes. Notably, sluggish demand from China has impacted vessel movements and the decline in iron ore cargoes has kept freights under pressure. Asia-Pacific Supramax dry bulk (50,000-55,000 t) freight rates for an iron ore vessel from the east coast of India to China fell…