Tag: India coal freight rate
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India: Dry bulk coal freight rally continues w-o-w despite slow vessel fixing
Rising bunker, oil futures continue to lift freights Charterers postpone laycans amid sharp rise in freights Dry bulk freights for coal shipments to India continued to strengthen w-o-w, supported by firm vessel sentiment and higher operating costs, even as fresh vessel fixing activity remained relatively slow. Market participants noted that limited prompt tonnage and elevated…