Tag: COAL
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Australia-South Korea coal freight drops 19% in latest KEPCO tender
Improving vessel supply, softer competition weigh on Oct-loading rates Market moving beyond tighter prompt-tonnage window seen earlier in Sep South Korea’s latest Korea Electric Power Corporation (KEPCO) tender on 22 September indicates a notable easing in Australia-Korea coal freights, with Pan Ocean fixed at $18.78/tonne (t) FIO for 80,000 t from Gladstone to Boryeong for…