Tag: Coal freight rate down w-o-w
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India: Coal freights soften w-o-w following muted demand, falling Baltic indices
Lower vessel supply fails to support freights Declining bunker prices further pressure rates Coal freights in India continued to decline w-o-w amid subdued market activity and limited fresh cargo inquiries. Although vessel availability decreased slightly, the impact on time-charter rates remained minimal, as demand failed to pick up meaningfully. Additionally, freight derivatives softened w-o-w during…