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.
Optimum Colliery, a major coal mining operation in the BHP Billiton Energy Coal Group, which produces coal both for domestic market and export markets, is undergoing a major expansion drive.
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