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Indonesian coal trade lends support to panamax bulkers

Coal trades have been buoying panamax freight rates in recent weeks supported by strong activity on the Indonesia–China route and Australia–India routes

  • Analysis

Wood Mackenzie expects China to purchase 20m tonnes of seaborne coal later in December or January next year. This, in addition to tighter tonnage availability, would support freight rates in the short term

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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