In a confirmed deal for capsize vessel, South African RB2 (5500 NAR) grade coal has been booked at a premium of $5/t with $16/t freight rate on Feb’22 index. The vessel is set to be loaded at RBCT Port by 19 Feb’22 and is seen arriving at Vizag Port in Mar’22. Resilient import prices and an acute shortage at RBCT Port continues to keep vessel arrival limited. RB1 (6000 NAR) price are assessed at $175/t, FOB.
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