Pacific Panamax coal freight rates up slightly on S America grain hopes

摘要

Thermal coal Panamax freight rates in thePacific rose slightly Tuesday, as owners held onto hope of abullish grain season on the east coast of South America,market participants said Tuesday.Grain cargoes were fixed on Panamaxes last week at$15,000 plus $500,000 ballast bonus, up from the $14,500plus $450,000 ballast bonus the previous week.