Tag: weekly coal freight rates

  • India: Coal vessel freights exhibit downtrend w-o-w

    India: Coal vessel freights exhibit downtrend w-o-w

    Baltic indices decline w-o-w, indicating subdued demand Falling bunker prices, high tonnage supply pressure rates India’s coal vessel freights decreased this week amid bearish sentiments among market participants, coupled with a continued decline in bunker prices. Elevated tonnage supply in the Pacific, against a relatively stable cargo list, further weighed on the market. Notably, thermal…