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Freight rates to remain rangebound in Aug: ICICIdirect.com

ICICIdirect.com has comeout with its report on Shipping freight rates. As per the research firm report dry bulk freight rates are expected to remain range bound with a negative bias in August on the back of Indian monsoon season which will most likely reduce iron ore exports from India.

August 09, 2011 / 14:43 IST

ICICIdirect.com has comeout with its report on Shipping freight rates. As per the research firm report dry bulk freight rates are expected to remain range bound with a negative bias in August on the back of Indian monsoon season which will most likely reduce iron ore exports from India.

first published: Aug 9, 2011 01:50 pm

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