Q4 ANALYSIS: Firm Supramax rates, China coal imports help Asian Panamax freight

摘要

Singapore—Coal freight rates for India-bound Panamax vessels loading from South Africa’s Richards Bay Coal Terminal and Indonesia’s South Kalimantan in Q4 have dropped from their highs in early October on surplus tonnage, but firming Supramax rates and strong Chinese imports lent a floor to the falls.