Tag: Iron ore freight rates
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Iron ore freights ease w-o-w on higher tonnage availability, lower fixtures
Dry bulk iron ore freights slipped w-o-w as of 13 Jan’26 on higher vessel availability and cautious Chinese buying, with the conclusion of some fixtures at lower levels pressuring overall rates. Paradip-Qingdao: Rates stood at $9.5/dmt w-o-w (-$0.1/dmt). Hedland-Qingdao: Freights were at $7.7/dmt (-$0.58/dmt). Tubarao-Qingdao: Rates were assessed at $20.9/dmt (-$1.07/dmt). Saldanha Bay-Qingdao: Freights stood…