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Atlantic Panamax Freight Rates on the Rise

July 28, 2014
An improved sentiment prevails in trans-Atlantic Panamax freight rates as demand tightens for tonnage capacity.   Several routes saw freight rise, according to Platts’ data, those being Virginia-Rotterdam coal route (improved to $9.25/mt on Friday, up from $9/mt), Alabama-Rotterdam coal route,  also increased and was assessed at $12.75/mt, up from $12.5/mt, Baltic-UK Continent runs with […]
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