- Supramax freight rates in Southeast Asia surged at least 25% in the trading week.
- China’s approves 20 million mt coal quotas for remainder of year.
- Australian grain harvest coincides with release of China’s quotas.
Supramax freight rates in Southeast Asia surged at least 25% in the trading week ended Nov. 27 as the unexpected news of China releasing an additional 20 million mt of coal import quotas rapidly drained tonnage from the region, reports Platts.
Supramax time chartersTime Charter...
https://mfame.guru/supramax-freight-rates-surge-amid-additional-coal-imports/