Tag: Dry bulk coal freight rate
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India: Dry bulk coal freights remain under pressure amid sluggish market sentiments
Slowdown post festive season, cyclone impact weigh on fixtures Brent crude oil futures climb higher, weigh on vessel demand India’s seaborne coal freight market remained under pressure this week, with rates declining across the Pacific basin and holding steady in the Atlantic amid persistently weak sentiment. Panamax freights on the Australia-India corridor eased as fixtures…