Tag: Coal freight to India
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India: Coal freights remain largely firm w-o-w amid mixed market signals
Weak cargo demand seen across Asia-Pac Charterers, shipowners exhibit caution Panamax coal freight rates to India reflected mixed sentiments, balancing global shipping market weakness with regional resilience. While the broader market faced pressure from oversupply-particularly in the Pacific, steady demand from India’s power and industrial sectors provided a stabilising counter-force by supporting regular vessel bookings.…