{"id":60583,"date":"2026-03-14T10:22:18","date_gmt":"2026-03-14T04:22:18","guid":{"rendered":"https:\/\/biztrend24.com\/?p=60583"},"modified":"2026-03-14T10:22:18","modified_gmt":"2026-03-14T04:22:18","slug":"india-dry-bulk-coal-freight-rally-continues-w-o-w-despite-slow-vessel-fixing","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=60583&lang=en","title":{"rendered":"India: Dry bulk coal freight rally continues w-o-w despite slow vessel fixing"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Rising bunker, oil futures continue to lift freights<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Charterers postpone laycans amid sharp rise in freights<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Dry bulk freights for coal shipments to India continued to strengthen w-o-w, supported by firm vessel sentiment and higher operating costs, even as fresh vessel fixing activity remained relatively slow. Market participants noted that limited prompt tonnage and elevated bunker prices helped keep freight levels firm across key routes, while charterers largely adopted a cautious approach amid ongoing market uncertainties.<\/p>\n<p>&#8220;Freight derivatives edged higher during Asian trading hours, while bunker prices held relatively steady after recent bouts of volatility,&#8221; a ship broker said.<\/p>\n<p>Another source noted, &#8220;The market remains highly volatile, with cargoes available, but charterers are postponing their laycans as freights have risen sharply. Shippers and receivers are reluctant to pay higher levels, while bunker prices have started to increase again.&#8221;<\/p>\n<p>Route-wise updates:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-731349\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/03\/Dry-bulk-coal-freight-Table-3.png?resize=640%2C182&#038;ssl=1\" alt=\"\" width=\"640\" height=\"182\" \/><\/p>\n<p>What supported the rise in freights?:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Elevated bunker prices keep rates firm: Rising bunker prices, amid escalating Middle East tensions, have supported coal freight rates by increasing voyage costs for shipowners. With Very Low Sulphur Fuel Oil (VLSFO) hovering around $1,204\/t as of 13 March 2026, the higher fuel cost base has kept freight levels supported despite relatively weaker cargo enquiries.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Brent crude futures rise w-o-w: Brent crude oil futures climbed $9.94\/bbl w-o-w to $98.98\/bbl (April 2026 contract) as of 13 March, supported by supply concerns amid escalating Middle East geopolitical tensions and rising risk premiums in global energy markets.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Enquiries understood fixed (06-12 Mar&#8217;26):<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-731308\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/03\/Dry-bulk-coal-Fixtures.png?resize=640%2C192&#038;ssl=1\" alt=\"\" width=\"640\" height=\"192\" \/><\/p>\n<p>Outlook:<\/p>\n<p>In the near term, dry bulk coal freight rates to India are expected to remain firm, supported by elevated bunker prices and geopolitical uncertainties in the Middle East. While cargo availability remains steady, fixing activity could stay cautious as charterers delay commitments amid high freight levels. However, limited prompt vessel supply and higher voyage costs may continue to underpin freight rates across key coal import routes into India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising bunker, oil futures continue to lift freights Charterers postpone laycans amid sharp rise in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":60584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-60583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=1280%2C720&ssl=1?v=1773462132",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?resize=150%2C150&ssl=1?v=1773462132",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=300%2C169&ssl=1?v=1773462132",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=640%2C360&ssl=1?v=1773462132",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=640%2C360&ssl=1?v=1773462132",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=1280%2C720&ssl=1?v=1773462132",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=1280%2C720&ssl=1?v=1773462132",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?resize=1115%2C715&ssl=1?v=1773462132",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?resize=800%2C500&ssl=1?v=1773462132",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=1024%2C576&ssl=1?v=1773462132",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?resize=540%2C340&ssl=1?v=1773462132",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?resize=400%2C250&ssl=1?v=1773462132",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102155.725.jpg?fit=1280%2C720&ssl=1?v=1773462132","jetpack-related-posts":[{"id":59446,"url":"https:\/\/biztrend24.com\/?p=59446&lang=en","url_meta":{"origin":60583,"position":0},"title":"India: Coal freights rise w-o-w on elevated bunker costs despite thin fixing","author":"Biz Trend 24","date":"March 4, 2026","format":false,"excerpt":"Dry bulk coal freights to India rose w-o-w despite thin fixture activity, supported by tighter vessel availability and higher bunker prices. Although fresh fixing remained limited amid Iran-Israel tensions and a challenging operating backdrop, firmer demand expectations and elevated fuel costs kept sentiment positive. Hay Point-Paradip:\u00a0$20.3\/dmt (+$4.3\/dmt) RBCT-Paradip:\u00a0$16.5\/dmt (+$1.5\/dmt) East\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-04T145110.038.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-04T145110.038.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-04T145110.038.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-04T145110.038.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-04T145110.038.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59685,"url":"https:\/\/biztrend24.com\/?p=59685&lang=en","url_meta":{"origin":60583,"position":1},"title":"India: BigMint&#8217;s coking coal index falls to 2-month low amid cautious buyer sentiment","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"Bids decline, 75,000-t deal closed at $220\/t FOB Australia US-Iran war lifts vessel freights, dampening fixture activity BigMint's premium hard coking coal (PHCC) index was assessed at $240\/tonne (t) CNF Paradip, India, on 06 March 2026, down by $10\/t against the previous assessment on 27 February. The index has fallen\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T122416.823.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":71388,"url":"https:\/\/biztrend24.com\/?p=71388&lang=en","url_meta":{"origin":60583,"position":2},"title":"India: BigMint&#8217;s coking coal index drops by $9\/t w-o-w on falling steel prices","author":"Biz Trend 24","date":"July 11, 2026","format":false,"excerpt":"Indian primary steel mills slash list prices for July Met coke prices in eastern India decline w-o-w BigMint's premium hard coking coal (PHCC) index was assessed at $254\/tonne (t) CNF Paradip, India, on 10 July 2026, down by $9\/t w-o-w amid falling steel prices and lower bids. BigMint has consolidated\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131902.013.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":70624,"url":"https:\/\/biztrend24.com\/?p=70624&lang=en","url_meta":{"origin":60583,"position":3},"title":"India: BigMint&#8217;s coking coal index eases w-o-w amidst limited trade activities","author":"Biz Trend 24","date":"July 5, 2026","format":false,"excerpt":"Australia-India vessel freights rangebound w-o-w Indian met coke market turns cautious amid lack of clarity on extension of anti-dumping duty BigMint's premium hard coking coal (PHCC) index was assessed at $263\/tonne (t) CNF Paradip, India, on 04 July 2026, down by $4\/t w-o-w. Sufficient inventories and drop in steel prices\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-52.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":72413,"url":"https:\/\/biztrend24.com\/?p=72413&lang=en","url_meta":{"origin":60583,"position":4},"title":"Weekly round-up: Coal market remains cautious amid weak buying, comfortable domestic supply","author":"Biz Trend 24","date":"July 18, 2026","format":false,"excerpt":"Imported coal demand remains weak despite firmer global offers Freights strengthen on stronger cargo activity, higher bunker costs India's coal market remained subdued during the week ended 17 July 2026, as weak industrial demand, ample domestic coal availability, and comfortable inventories continued to weigh on import buying. Consumers largely preferred\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-18T135853.638.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-18T135853.638.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-18T135853.638.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-18T135853.638.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-18T135853.638.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55410,"url":"https:\/\/biztrend24.com\/?p=55410&lang=en","url_meta":{"origin":60583,"position":5},"title":"India: Coal freights show mixed trends w-o-w; fixtures remain muted on Indonesia, South Africa routes","author":"Biz Trend 24","date":"January 28, 2026","format":false,"excerpt":"Coal freights to India were mixed w-o-w, with mild sentiment improvement on higher Australia fixtures, a firmer Baltic index, and rising bunker prices. However, the lack of fixing on South Africa-India and Indonesia-India routes kept the outlook cautious. Hay Point-Paradip:\u00a0Freights stood at $15\/dmt (+$1.2\/dmt w-o-w) RBCT-Paradip:\u00a0Rates were assessed at $13.7\/dmt\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T113835.190.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T113835.190.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T113835.190.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T113835.190.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T113835.190.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60583"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60583\/revisions"}],"predecessor-version":[{"id":60585,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/60583\/revisions\/60585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/60584"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}