Deal unlocks Galilee Basin

Liquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.

Drewry forecasts a 3.3% rise in Capesize shipping demand in 2024, driven by increased coal exports from Colombia to Asia, offsetting reduced European demand.

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.

The ACCC has raised preliminary competition concerns over Aurizon’s proposed acquisition of Flinders Logistics, which operates at Port Adelaide and Port Pirie.