Tag: iron ore supramax freight
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Iron ore freights strengthen w-o-w; Capesize rates gain on tighter tonnage, stronger cargo activity
India-China Supramax freights rise despite limited enquiries Typhoon Narra hinders vessel, cargo availability in Pacific Dry bulk iron ore freight rates strengthened across tracked export routes in the week ended 27 August, led by a sharp Capesize rally. The Baltic Capesize Index (BCI) rose 15% w-o-w to 5,033 points, as tighter prompt tonnage and stronger…