Tag: Dry bulk coal freight rate
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India: Dry bulk coal freights remain under pressure on weak market fundamentals
Ample tonnage supply, limited enquiries pressure freights Rising bunkers lift voyage costs, squeezing shipowners’ margins Dry bulk coal freight markets into India remained under sustained pressure during the week, as weak demand fundamentals and ample vessel availability continued to overshadow any supportive cues. Sparse fixing activity across major origins, coupled with cautious chartering interest, kept…