Tag: Coal Freight Rates
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India: Coal vessel freight rates drop w-o-w on weak demand
Lower buying interest ahead of festive holidays Lack of inquiries pressurising freights India’s coal vessel freights dropped this week due to weak demand. Indian buyers showed sluggish interest due to the approaching Diwali festival next week, resulting in limited trading activities. As per sources, inventory levels at the portside are down and coal shipments are…