Capesize freight rates on the key iron ore route from Brazil into China hit a decade high on Aug. 18 on bullish fundamentals and the resurgence of activity in the Atlantic region. Strong demand for shipping iron ore out of Brazil, firm sentiment in the Forward Freight Agreement, or FFA, rates and tighter tonnage supply …
The post DRY BULK: Capesize Brazil to China rate at decade high as ship supply tightens first appeared on Hellenic Shipping News Worldwide.