Freight rates up 7 weeks running

By
Published: Thursday, 12 November 2009

Shipping rates increase as China ups coal imports before winter

Global shipping rates rallied again this week, making it the seventh week in a row that transport costs have risen.

 

Rates were driven up on China importing more coal for power plants in the lead up to winter, shippers upping costs to cover losses from slowdown earlier this year,...

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