Baltic Panamax coal route to start soon Baltic Exchange, Trading and sales,Shipping, May 2001

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Published: May 2001

Baltic Panamax coal route to start soon

In what is described as a significant development of growth in the shipping and freight derivatives market, the UK's Baltic Exchange is launching a new coal route for 70,000t coal from Richards Bay to ARA port.

The new route is in response to the demand from the industry, including coal traders/owners and operators to have a representative coal route for them to trade and hedge their freight exposure....

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Approx 160 words from CoalTrans International, May 2001, page 4.

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