Tag: Supramax freight
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Dry bulk iron ore freight rates show mixed trends amid Chinese holidays
Chinese spot prices of iron ore fines (Fe 62%) rise $3/t w-o-w Trade activities turn slow on China’s Labour Day holidays Dry bulk iron ore freight rates have increased this week from the Indian Ocean amid strong demand for smaller vessels. However, demand for Capesize remained slow pulling their freight rates lower w-o-w. So, overall,…