Tag: Coal Freight Rates
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Coal Cargo Freight Rates Rise Marginally on Increasing Shipments
The ocean freight rates for coal cargos have exhibited a marginal rising trend, which arose due to the increasing shipments of coal. Imports of coal, especially Coking Coal, have increased in China as steel makers there were in a stocking spree. Rumors of the Chinese government cutting down domestic coal production have incited the steel…