Pickup in order interest lifts freight rates on China ore routes
Sep 29, 2010 | 11:53 AM
| Daniel Gleeson
Chartering rates for capesize vessels traveling along the main iron ore routes to China have risen as inquiries begin to filter through from Chinese customers, broker sources said.
Interest focused on the Atlantic, the brokers said, reporting two fixtures on the Brazil-China route at higher rates. Rates for these vessels jumped $2 from Monday levels, with the two ships chartered at $27.50 per tonne.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.