Tag: freight costs
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India: Dry bulk coal freights strengthen w-o-w on key routes amid tight vessel supply
Tight pacific tonnage supports panamax sentiment Strong Southeast Asia enquiry lifts supramax market Dry bulk coal freights to India moved higher w-o-w on 19 May, supported by firm Pacific cargo enquiry, tighter vessel supply and rising bunker prices. Market participants highlighted improving sentiment across key coal routes, although fixing activity remained selective as owners awaited…