India: Dry bulk coal freights stay flat w-o-w amid muted fixture activity
Dry bulk coal freight rates to India for Supramax and Panamax were largely unchanged w-o-w, as subdued fixing activity in the Indian Ocean kept market sentiment muted. Limited fresh cargo enquiries and low fixture volumes continued to cap any rate hikes.
- Hay Point-Paradip: Freights largely unchanged at $16.50/dmt
- RBCT-Paradip: Rates were assessed unchanged at $14.40/dmt
- East Kalimantan-Navlakhi: Freights were assessed unchanged at $11/dmt