Tag: KEPCO Panamax freight rises 13% in latest tender on Indonesia-South Korea route

Freight rises $1.49/t from previous KEPCO fixture Higher rate signals firmer Panamax sentiment South Korea’s Korea Electric Power Corporation (KEPCO) has concluded a fresh Panamax coal tender at $12.82/t FIO for an 80,000 tonne (t) cargo from Bunati, Indonesia, to Boryeong, South Korea, with Pan Ocean fixed for 18-27 September loading. The latest freight is…