Tag: RBCT
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India: Dry bulk coal freights gain in Pacific; Atlantic market remains weak
India’s dry bulk coal freights showed mixed trends w-o-w, strengthening in the Pacific basin on higher fixtures, while the South Africa-India route weakened as traders diverted cargoes to South Korea and Sri Lanka. Hay Point-Paradip: Freights rose $0.64/dmt w-o-w to $18.3/dmt. RBCT-Paradip: Rates dropped by $0.3/dmt to $14.5/dmt. East Kalimantan-Paradip: Freights increased $1.61/dmt to $15.39/dmt.