BIMCO: Coal shipments to advanced economies down 17% so far in 2023
In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at the decline in coal shipments to advanced economies.
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at the decline in coal shipments to advanced economies.
Read moreAccording to International news, on 17th November, a cargo ship, “MV Prince of Ghashiakhali,” capsized in the Pashur Channel of Mongla Port in Bagerhat, due to cyclone Midhili’s severe weather.
Read moreAccording to the U.S. Energy Information Administration (EIA) U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on coal from Russia went into full effect in August 2022.
Read moreNorden and Teck Resources Limited mining company announced they have signed an agreement to reduce CO2 emissions in Teck’s steelmaking coal supply chain.
Read moreIn this week’s Shipping Number of the Week, BIMCO examines Chinese coal stocks which reach record high as seaborne imports surge 73%.
Read moreJapanese shipping heavyweight Mitsui O.S.K. Lines (MOL) announced that it will build a dual-fuelled bulk carrier at Oshima Shipbuilding that will be intended for charter with Kansai Electric Power Co.
Read moreIn latest BIMCO’s “Shipping Number of the Week” analysis, Filipe Gouveia, looks at the surge in coal exports from Indonesia to primarily China, but also to other countries in East and Southeast Asia. India, however, has increasingly imported coal from Russia at the expense of Indonesian coal.
Read moreChina decided to partially lift its unofficial ban of Australian coal which has been in place since 2020.
Read moreMOL held a ceremony on October 24 for the maiden port of call in Newcastle, Australia of the SHOFU MARU, the world’s first coal carrier equipped with the Wind Challenger.
Read moreIndonesia will impose more coal export bans, as demand for the commodity is approaching record highs.
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