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.
Queensland’s Dalrymple Bay Coal Terminal (DBCT) saw export volumes slip slightly in 2022 but operating company Dalrymple Bay Infrastructure (DBI) saw a 41% increase in EBITDA to A$264M, total income of A$626M and net profit after tax of A$69M.
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