Tag: COAL

  • Australia-South Korea coal freight drops in latest KEPCO tender

    Australia-South Korea coal freight drops in latest KEPCO tender

    Latest fixture for Oct loading drops $4/t against 9 Sep tender  Improving vessel supply, limited competition pressure freights South Korea’s latest KEPCO tender signals a sharp correction in Australia-Korea coal freight, with the rate for later-loading tonnage falling well below the previous tender’s level. The decline suggests softer freight costs despite the cargoes being of…