October 2023

October 1, 2023

Team Capricorn negotiated and clean fix the freight for a supramax size vessel from Tanzania | Mtwara port to the west coast of India | New Mangalore for early December loading for an Indian end-user on behalf of Tanzanian coal mine. The second shipment of similar size expected to be in January 2024

The coal market API4 index continues to correct at a steady rate, the buying sentiments are weak and most of the buyers are following the wait & watch strategy.