Tag: Coal freight insight
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India: Coal vessel freights exhibit positive trends, Australia bucks trend
Thermal coal inventories drop 7% w-o-w Baltic Panamax Index falls 68 points w-o-w Coal freights in India showed mixed trends w-o-w due to a combination of supply and demand dynamics, regional tonnage availability, and external cost factors. While limited vessel availability in key loading regions exerted upward pressure on freight rates, other factors like softened…