Tag: Price
-
Capesize freight rates between South Africa and India down $6/t on week
The rally in freight rates for capesize vessels plying between South Africa’s RBCT and India’s Gangavaram port has come to a halt this week, reversing down to $18/t against $24/t last week. The is majorly due to reduced Indian demand for South African thermal coal amid steep prices and the impact of COVID’s second wave…