Tag: Bulk Shipping Freight Rates
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Depressed Demand Keeps Freight Rates Almost Stable
Bulk shipping freight rates have remained stable as demand has not improved. Availability of excess vessels vis-à-vis demand has put pressure on the freight rates, which remained at the rates the week last. Coal shipments to China also have failed to bring in any improvement to the depressed freight rates. Current freight rates (coal cargoes)…