Tag: Capesize
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Australian 5500 NAR coal booked by Indian trader at FoB $44.5/t
In a confirmed deal, a capesize vessel for Australian coal (5500 NAR) has been booked at $44.5/t, FoB Newcastle for January shipment to Kandla port. The freight for cape vessel between Newcastle to Kandla port is at $13.5-14/t. A sharp rise in South African coal prices has led to an improvement in demand for Australian…