South Korea: Freight rates drop around $2.31/dmt FIO in recent KEPCO tender

South Korean shipping company Pan Ocean has secured a tender from Korea Electric Power Corporation (KEPCO) for a Panamax vessel (80,000 t) to transport coal from New Priok Container Terminal (NPLCT), Indonesia, to Hadong, South Korea, with loading scheduled between 22-29 Dec’25. The freight was reportedly fixed at around $7.47/dmt FIO, a drop of around $2.31/dmt FIO as against previous tender on 02 Dec.

 


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *