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.
Ovet’s unloading and transhipment activities in Terneuzen and Vlissingen on either side of the Scheldt estuary rely on floating cranes, a formula that has worked well for the company, which last year imported some 1.2 mt and 2.7 mt through the two facilities respectively, although a further 50% tonnage factor can be added for transhipment activities.
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