Author: Nidhi Awasthi
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India: Coal vessel freights decline w-o-w amid slow trading activity
Demand for imported coal in India weakens Thermal coal stocks at Indian ports rise India’s coal vessel freight rates softened this week amidst reduced trading activity in the Pacific, pointing to seasonally low demand for coal transport. Rangebound bunker prices and marginally weaker freight derivatives further pointed to subdued market sentiment and cost stability. Notably,…