Tag: Coal vessel freight
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India: Coal freights increase w-o-w as market sentiment improves
Bunker tags remain range-bound w-o-w Falling port stocks support vessel demand Coal freights in India rose w-o-w amid strong market sentiment, driven by healthy cargo demand across the Asia-Pacific region, particularly in the Indonesian basin. Limited tonnage availability for prompt loading dates led to a supply-demand imbalance, pushing rates higher. Additionally, rising freight derivative rates…