Tag: iron ore freight
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Dry bulk iron ore freights rise on major routes while India-China rates softens
South Asia seasonal slowdowns impacts cargo volumes Baltic Capesize Index (BCI) surges by sharp 880 points Dry bulk iron ore freight rates from the Indian Ocean to China fell w-o-w amid muted demand and limited fresh cargo activity while the other routes perked up somewhat. As evident from recent reports, despite some firmness in the…