Tag: iron ore vessel freight
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Dry bulk iron ore vessel freights fall w-o-w amid demand-supply concerns
Charterers opting for shorter-haul regional trades Chinese production curbs, port stocks hit freights Dry bulk freight rates on key global routes continued to decline, driven by weak cargo demand, production curbs, and vessel oversupply. From India to China, freight rates dipped primarily due to reduced cargo volumes and limited spot enquiries. Indian exporters, particularly in…