Tag: iron ore freight
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Dry bulk iron ore freight rates record cautious gains amid mixed market sentiments
FFAs decline as market confidence weakens Activity limited as most participants remain on the sidelines Dry bulk iron ore freight markets continued to face another round of uncertainty across major routes – India-China, Australia-China, South Africa-China, and Brazil-China. Except for the Brazil-China route, all others posted gains this week; however, the increase was largely sentiment-driven…