Tag: Bulk Freight Rates
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Stability Continues in Bulk Shipping Freight Rates
Bulk shipping freight rates continued to exhibit a stable trend, being undisturbed by any change in demand. Demand for commodities remained soft in the major global markets, leading not only to stability in shipping freight rates but also to low rates. Current freight rates (panamax) 1. Australia to India: USD 5.9/MT 2. USA to India:…