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FREIGHT REPORT: Capes into China get a boost from fixtures on Friday

September 03, 2010 - 15:35 GMT Location: London

KEYWORDS: Iron ore freight , iron ore freight routes , iron ore routes to China , Freight Investor Services , FIS , Clarkson Securities , iron ore market , Metal Bulletin , iron ore

Chartering rates for Capesize vessels on the main iron ore routes to China pushed up on Friday, while Supramax vessels on the India to China route fell back from Tuesday, freight brokers told MB.

Friday's rates: Australia-China (Port Hedland/Dampier-Qingdao) Capesize: $11.5/12.5. Brazil-China Capesize: $27.75/28.75. India-China (Paradip/Vizag-Qingdao) Supramax: $16.75/18.25. Chartering rates for Capesize vessels on the main iron ore routes to China pushed up on Friday, while Supramax vessels on the India to China route fell back from Tuesday, freight brokers told MB. The Australia...

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