Peabody reports second-best year

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

The Port of Mackay handled 3.58 million tonnes of trade in 2023-24, nearing its record of 3.59 million tonnes, as it celebrates 85 years of operation.

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

Three bridge-type grab bulk cargo unloaders have arrived at Beibu Gulf Port, advancing the port’s largest bulk cargo berth development.

The Panama Canal’s operational issues led some bulk shippers to choose alternative routes, with future decisions based on capacity and transit assurances.

Southern Ports set nine records this year, with standout imports being caustic soda and fertiliser, and spodumene exports hitting a fourth consecutive record.