Tag: Bulk Shipping Freight Rates
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Increased Coking Coal Shipments from Australia Fail to Improve Bulk Shipping Freight Rates
The slight increase in freight rates of capesize vessels recently along the Australia-China route has in no way been able to bring in any improvement in the sluggish cargo ship market. Shipments of coking coal from Australia to China and India have increased recently due to the falling prices of the coal variant; that resulted…