Tag: Coal vessel freight

  • India: Coal freights gain w-o-w amid longer voyages, steady demand

    India: Coal freights gain w-o-w amid longer voyages, steady demand

    Tight vessel supply, monsoonal delays lift freights Rising bunker fuel costs raise operating expenses Panamax coal freights to India rose w-o-w across major routes, driven by the repositioning of vessels towards longer-haul trades, which offered improved returns. As coal procurement from origins such as Indonesia, Australia, and South Africa continues to diversify, voyage distances have…