India: Coal freights rise w-o-w on elevated bunker costs despite thin fixing

Dry bulk coal freights to India rose w-o-w despite thin fixture activity, supported by tighter vessel availability and higher bunker prices. Although fresh fixing remained limited amid Iran-Israel tensions and a challenging operating backdrop, firmer demand expectations and elevated fuel costs kept sentiment positive.

• Hay Point-Paradip: $20.3/dmt (+$4.3/dmt)
• RBCT-Paradip: $16.5/dmt (+$1.5/dmt)
• East Kalimantan-Navlakhi: $15.5/dmt (+$4.5/dmt)