Baltic trade patterns reshape

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.

Russia plans to double the Lavna port’s rail capacity from 18 to 36-41 million tonnes annually, aiming to diversify trade routes and boost coal exports.

Mozambique, Zimbabwe, and Botswana will enhance the Beira-Zimbabwe-Botswana railway and develop a US$1.5 billion deepwater port at Techobanine.

MOL and Electric Power Development Co. to install hard sail wind power propulsion system on a coal carrier.

This week, CSX is restarting coal exports in Baltimore after deep channel repairs, preparing for the first major vessel at Curtis Bay terminal.

Adani Group is accused of fraud, substituting lower-grade coal for cleaner fuel, raising concerns over environmental impact and corruption.