Tag: iron ore weekly freight rates
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Dry bulk iron ore vessel freight rates rally amid geopolitical tension, hit multi-month high
India-China rates surge, Australia-China at over 2-month high Brazil-China freights rise to 5-month high; SA firm despite less fixtures Dry bulk iron ore freight rates increased w-o-w, although trading activity remained relatively slow, with only a few fixtures concluded at higher levels. Market activity stayed muted amid uncertainty stemming from the ongoing Middle East conflict,…