Spot freight rates for dry bulk vessels, including Cape-size ships for iron ore, remain unchanged, reflecting charterers' cautious stance in major regions like ECSA.
Spot freight rates for dry bulk carriers have hovered around unchanged levels in recent days. Cape-size vessels, the largest ships used for iron ore transport, are averaging steady rates without significant fluctuations. The Supramax/Ultramax segment shows sluggish activity in areas like East Coast South America (ECSA), with charterers adopting a wait-and-see approach.
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