Colombian coal demand from Asia drives up Capesize shipping
NewsDrewry forecasts a 3.3% rise in Capesize shipping demand in 2024, driven by increased coal exports from Colombia to Asia, offsetting reduced European demand.
Weak prices force rationalisation as coal tonnage continues to grow
StandardThe steady, but consistent growth in seaborne coal trades anticipated at the beginning of this year is gradually being realised as the year progresses, with combined export volumes of both steam and coking coal threatening to break through the 500mt barrier for the first time.
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