Tag: Pacific Market
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Dry bulk iron ore freights drop w-o-w post recent gains; India rates climb higher
Persistent market uncertainty leads to cautious sentiment Lower fixtures, ample vessel supply pressure Capesize freights Dry bulk iron ore freights exhibited mixed trends w-o-w. Supramax rates from India increased on the back of steady minor bulk cargo flows and improved regional demand. Meanwhile, Capesize rates on key routes inched lower following recent gains, driven by…