Tag: Bulk Shipping Freight Rates
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Stable Bulk Shipping Freight Rates Persist on Moderate Demand
Freight rates of cargo vessels have remained stable as demand remained moderate. Despite spurt in imports of Coking coal from Australia to India and China, number of available vessels were in excess of the booked vessels, as a result there was no strengthening of demand for vessels. Freight rates, as such, remained unchanged. Current freight…